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Thread: Electricity price hikes because of the Ukrainian war

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    Default Electricity price hikes because of the Ukrainian war

    Just got a mail from my supplier Mojo that from next week I will be charged 57% more for the daily supply and about 30% more per kWh.

    Reason in their blog: the Ukrainian war !

    No doubt the sanctions on Russia have increased the oil price but guess what, our electricity is NOT generated using oil.
    It is generated with coal and gas and some renewables.


    We make our own coal and gas and the sun shines and winds blows here locally too, just as much as it did before the war.

    I call B.S. and using this terrible war as an excuse to exorbitantly drive up the price of our locally produced energy, I find deplorable and shameful !

    I will start to shop around but I am hearing that it is about the whole sale prices that appear to be currently unregulated.

    Is anybody experiencing similar sudden price hikes?
    Last edited by Uncle Fester; 18-05-22 at 11:14 PM.
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    We just got our bill today ; it's down $30/quarter ...maybe next billing cycle?


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    Quote Originally Posted by Uncle Fester View Post
    Just got a mail from my supplier Mojo that from next week I will be charged 57% more for the daily supply and about 30% more per kWh.
    i just got same email and it went from 20.845 ˘/kWh to 34.3867 ˘/kWh


    Will be switching to powershop
    Last edited by fandtm666; 19-05-22 at 08:50 AM.

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    It will be interesting to see what excuse is used for price hikes in South Aust since, according to that link we are not dependent upon those supplies.
    I'm out of my mind, but feel free to leave a message...

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    I'm almost due a bill....so it will be interesting.
    The fact that there's a highway to hell and a stairway to heaven says a lot about the anticipated traffic flow.

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    Quote Originally Posted by fandtm666 View Post
    i just got same email and it went from 20.845 ˘/kWh to 34.3867 ˘/kWh


    Will be switching to powershop
    I would be checking Powershop's prices. I haven't been with them for a few years but they became unaffordable due to pursuing a climate change agenda. They hiked prices that much I left, which was disappointing because I quite like their system.
    But I doubt I would ever go back.

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    Quote Originally Posted by wotnot View Post
    We just got our bill today ; it's down $30/quarter ...maybe next billing cycle?

    I basically don't have a bill due to having an 8kw solar setup since 2015, especially now as it's only 2 of us. But it will be interesting if I get an increase of any kind as I am on a grandfathered plan.

    I originally signed up with Amaysim, the phone company, on a plan that pays 20 cents per kw/h feed in tariff. Obviously peak use is more expensive, but again, it's only 2 of us. AGL then bought out Amaysim's electricity customers and I have been with them since the start of 2021 and in that time I have only had one very tiny increase in tariffs (not supply charge).

    Obviously seeing this thread is not a good sign for any of us.
    I would recommend people check out Power comparison sites. I cant speak for other states, but Victoria has a very good one


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    I must thank the OP. As soon as I went to the Vic comparison site I was immediately alerted that I was eligible for a $250 cash payment. So pretty happy about that !

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    If you live in Qld or NSW expect major price hikes as they are Gas and black coal dependent
    SA only marginal increases and VIC a little more
    There is a fine line between "Hobby" and "Madness"

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    Quote Originally Posted by admin View Post
    I would be checking Powershop's prices. I haven't been with them for a few years but they became unaffordable due to pursuing a climate change agenda. They hiked prices that much I left, which was disappointing because I quite like their system.
    But I doubt I would ever go back.
    yeah i did have a look around

    mojo will be 34.3867c/kWh 7c feed in
    powershop 29.36 c/kWh 13c feed in

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    OMG whats a feed in tariff or competition ?

    here in regional QLD we only have one choice - Ergon. just gone up to 21c per KW and FIT is 7c. Service charge is $30pm. All payable monthly.
    We have a 2.5KW solar system which i bumped up to 3kw so dont have a big bill but its only 2 of us and most stuff in my shed is 12volt

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    Quote Originally Posted by fandtm666 View Post
    yeah i did have a look around

    mojo will be 34.3867c/kWh 7c feed in
    powershop 29.36 c/kWh 13c feed in
    Powershop 137.5c/day 25.08c/kWh with 5c feed in, could live with that ...but is that before or after their price hike?

    It says on that prices are changing but you already need an account to find out how.

    Edit: the URL of that link says "from-august-2012" . I do not see that info displayed on the the actual page.


    What I find disgusting with Mojo is that they informed me of the drastic price hike with only 6 days notice but I need to stay with them at least 20 (probably working)days after cancellation.
    Last edited by Uncle Fester; 20-05-22 at 03:10 PM.
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    Lucky you!

    I am still trying to figure things out.
    NSW (or is it Federal?) regulators are allowing an 18.x% hike on wholesale, which will likely lead to +25% retail.

    Powershop refused to answer when I rang them a week ago about how much they will increase in June/July after I would sign up, but now I know that the 25% would likely put me about the same as I now have with Mojo.
    The Mojo hike was well before the regulators announced the increased limit yesterday, so I won't be sticking with them much longer as my gut tells me that Mojo could be whacking on another 25% in July.
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    Quote Originally Posted by Uncle Fester View Post
    Lucky you!

    I am still trying to figure things out.
    NSW (or is it Federal?) regulators are allowing an 18.x% hike on wholesale, which will likely lead to +25% retail.

    Powershop refused to answer when I rang them a week ago about how much they will increase in June/July after I would sign up, but now I know that the 25% would likely put me about the same as I now have with Mojo.
    The Mojo hike was well before the regulators announced the increased limit yesterday, so I won't be sticking with them much longer as my gut tells me that Mojo could be whacking on another 25% in July.

    Indeed....I'll have to have a yarn with my sis' and a mate or 2 down the road with 5kw arrays, and see what the situation is for them (likely what vroomvroom posted)

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    South OZ has now announced power price hikes, I'm waiting for their "reasons".
    I'm out of my mind, but feel free to leave a message...

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    I’m bracing for us to cop an increase here in Tasmania.

    All our power comes from water falling down a hill and through a turbine. The only dirty fossil fuel energy is all consumed by the steel works and aluminium smelter at Bell Bay(1/4 of the State’s electricity just for the aluminium smelter). Just watch: they’ll make us pay more.

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    Electricity has not risen for me in the last billing cycle. I have no renewables....including the wife....
    The fact that there's a highway to hell and a stairway to heaven says a lot about the anticipated traffic flow.

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    Quote Originally Posted by shred View Post
    I’m bracing for us to cop an increase here in Tasmania.

    All our power comes from water falling down a hill and through a turbine. The only dirty fossil fuel energy is all consumed by the steel works and aluminium smelter at Bell Bay(1/4 of the State’s electricity just for the aluminium smelter). Just watch: they’ll make us pay more.

    Tasmania isn’t an electricity silo, it’s part of the National Electricity Market and connected along with other east coast states (and South Australia). Power that is generated in Tasmania is traded across different areas in the market.

    Even though the link from Tasmania to the mainland is relatively small, an increase in one state will see the prices rise across the board.

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    Quote Originally Posted by peteramjet View Post
    Tasmania isn’t an electricity silo
    Yes - that's the problem. Tasmanians have never reaped the benefit of their investment in hydro electricity. Traditionally, large businesses have benefited handsomely from it, while the consumer pays what the market will bear.

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