Dr. Thomas questions Synergy's small business energy contracts, focusing on pricing variations and revenue. The Minister provides tariff details and revenue figures, citing commercial confidentiality for negotiated contracts.

AnsweredQoN 155Legislative Assembly
Asked
20 May 2025
Portfolio
Energy and Decarbonisation

QuestionView source ↗

Synergy—Small business
contracts
155. Hon Dr Steve Thomas to the Leader of the House representing the Minister for Energy
and Decarbonisation:
I refer to my
question without notice 85 asked on 29 April on small business contracts for
energy supply from Synergy in the contestable market.
(1) If pricing varies by customer, how does
Synergy measure the tariffs for power supplied to small businesses?
(2) Do businesses therefore receive different
tariffs and, if so, what is the range of unit costs for peak and off-peak electricity
charges?
(3) Do the supply charges for small businesses also
vary and, if so, what is the range of that variation?
(4) What was the total revenue received by Synergy
from business tariffs in the following financial years:
(a) 2021–22;
(b) 2022–23;
(c) 2023–24; and
(d) 2024–25 to date?

AnswerView source ↗

I thank the
honourable member for some notice of the question. The following answer has
been provided on behalf of the Minister for Energy and Decarbonisation.
(1) A small-use contestable customer has the
option to negotiate a market-based contract with Synergy or other electricity
retailers. Small-use contestable customers can choose a regulated tariff having
taken into consideration their voltage eligibility requirements, meter
capability and consumption characteristics. Synergy offers regulated tariffs R1
and L1 for sites consuming less than 50,000 kilowatt hours per annum and R3 and
L3 for sites consuming equal to or greater than 50,000 kilowatt hours per annum
for small-use contestable customers—that is, sites consuming up to
160,000 kilowatt hours per annum. These tariffs do not vary by customer.
(2) Businesses can receive different tariffs.
Market customers have contracts negotiated to meet individual requirements.
These are commercially confidential agreements and therefore it is not
appropriate to provide an average. For contestable customers on a regulated
tariff, ranges include the following.
The remainder of the answer is in tabular form, so I seek
leave to have that incorporated into Hansard .
Leave granted for the following material to be incorporated.
L3
All prices are inclusive of GST
2024–25
Supply $/day
1.7886
First 1,650
kWh/day Charge c/kWh
36.3291
Balance
Charge c/kWh
30.8265
R3
All prices are inclusive of GST
2024–25
Supply $/day
3.6995
Onpeak Energy
Charge c/kWh
53.9636
Offpeak
Energy Charge c/kWh
16.2107
L1
All prices are inclusive of GST
2024–25
Supply $/day
2.0213
First 1,650
kWh/day Charge c/kWh
31.4548
Balance
Charge c/kWh
35.4642
R1
All prices are inclusive of GST
2024–25
Supply $/day
3.7796
Onpeak Energy
Charge c/kWh
40.993
Offpeak
Energy Charge c/kWh
12.2978
3.
All prices are inclusive of GST
2024–25
L1
Supply $/day
2.0213
R1
Supply $/day
3.7796
L3
Supply $/day
1.7886
R3
Supply $/day
3.6995
4.
Year
Total Revenue Received from Business Tariffs
2021–22
$293.8M
2022–23
$291.8M
2023–24
$307.4M
2024–25
to date
$275.5M

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