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
NSW26.35
QLD23.36
SA29.64
TAS35.02
VIC25.56

Data is accurate as of 4/02/2012. Source: AEMO.


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 17°C - 21°CShowers
Brisbane 21°C - 30°CMostly sunny
Canberra 13°C - 30°CMostly sunny
Darwin 26°C - 33°CLate thunder
Hobart 16°C - 28°CRain developing
Melbourne 23°C - 33°CWindy with rain
Perth 12°C - 26°CSunny
Sydney 19°C - 28°CSunny

Data is for 5/02/2012. Source: WeatherZone.

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