Wholesale electricity prices

Suppliers buy electricity from generators at market rates. Prices can and do vary throughout the day as demand changes.

The table below lists the average spot price per region for electricity around the country. Values are expressed in $/MWh.

RegionElectricity Price
NSW22.77
QLD21.78
SA20.95
TAS19.92
VIC21.56

Data is accurate as of 29/06/2009. Source: NEMMCO.


Weather is a large factor in the demand for electricity, and hence the wholesale electricity price.

Extremes of heat and cold mean air conditioners and heaters place extra demand on the national grid.

Below are the current forecasts for Australian capital cities.

CityWeather
Adelaide 9°C - 16°CShowers
Brisbane 16°C - 25°CLate thunder
Canberra 6°C - 16°CPossible shower
Darwin 22°C - 33°CMostly sunny
Hobart 7°C - 16°CMostly sunny
Melbourne 10°C - 17°CPossible shower
Perth 3°C - 18°CPossible shower
Sydney 12°C - 21°CLate shower

Data is for 30/07/2010. Source: WeatherZone.

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