Recipients of the SA Energy Concession recently received a letter from the SA Government alerting them of their eligibility for a special discounted Origin Energy electricity offer. ConnectEd examines what the offer means for concession holders.
Energy Concession holders are not obliged to switch to the Origin “Value” deal – they can choose to stay with their current retailer, or even choose a different deal. The deal includes an 18% discount, which will apply until at least 30 June 2019, though Origin can still change the tariffs or supply charge if they decide it’s necessary.
However, the offer does deserve consideration – the prices appear to be quite competitive with other offers, particularly as the discount is applied to the supply charge as well as usage, and is not conditional on paying on time; this may take the pressure off payment concerns for a number of clients.
Customers should keep in mind that if they already have a generous hardship plan agreement in place with a different retailer, or if they have an outstanding debt, switching to this offer would result in cancellation of that agreement and make the debt payable – a Financial Counsellor can help to negotiate to pay it off over time. However, particularly if such a customer is already with Origin Energy, this offer may be worth accepting.
Customers with solar systems should be aware that the Distributor Feed-in Tariff of 44 c/kWh for eligible systems, and the Origin Retailer Feed-in Tariff of 11 c/kWh both apply to this contract offer.
We have prepared a table to make it easier to compare the tariffs and supply charge with other available offers, including the base price, discounted price and final price including GST:
|South Australian Concessions Energy Discount Offer (SACEDO)|
|Origin Energy “Value” offer – 18% off usage AND supply|
|Price in cents||Base Price||less 18% discount||Final Price inc. GST|
|Daily supply charge||82.95||68.02||74.821|
|First 10.9589 kWh/day||36.75||30.14||33.149|
|Controlled Load (off peak)||19.25||15.79||17.364|
|Retailer Solar Feed-in Tariff||11.00|
Origin Energy also offer a “Value” offer on gas to concession recipients, which provides 11% off gas usage and supply charges.
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