If you’re a Slingshot Power customer and got an email from us about changes to your power rates, check out more helpful info here.
The price you pay for electricity is made up of a few different
parts, like the cost of generating the power you use and
getting it to your premises, to reading and maintaining your
electricity meter. Every year, we review all the costs of
providing electricity and update our power rates.
The costs we pay to electricity generators have increased
significantly over the last year. This makes up a significant
part of what you pay and affects all power providers, as
everyone must purchase electricity from these electricity
generators. Costs from lines companies, which maintain the
infrastructure that delivers power to your premises, have
also increased.
For Low Users, see
“What’s happening with Low User rates?”
below on why your Fixed Daily Charge rate is now changing.
Refer to the email we sent you about the rate change to find
out when your new rates take effect.
Visit the
Electricity Authority’s website
for a breakdown of the costs an average household power bill
contributes to and more about electricity pricing and rates.
The Government is phasing out the Low Fixed Charge Tariff
regulations over a 5-year period to create a fairer, more
equitable system. This means you'll see an increase in your
Fixed Daily Charge rates if you're on a Low User plan. You
can find out more about the changes
here.
No, any discounts you’re getting will continue to apply.
You can change between Low User and Standard plans once a
year in
My Slingshot.
Deciding between Low User and Standard can be tricky. Learn
more about your options
here.
When choosing between Low User or Standard, bear in mind
that the Government is phasing out Low Fixed Charge Tariff
regulations over a 5-year period. You can read more about
that
here.
Was this article helpful?
Get the app!Check your balance, manage payments, scan your Wi-Fi network and heaps more. You call the shots with the Slingshot app!