Can anyone tell me which if any Victorian electricity suppliers are "paying" the 60c/kwh tariff or are they only allowing for a 12 month credit?
Thanks
Richard
Victorian eletricity suppliers paying 60c/kwh?
(6 posts) (5 voices)-
norbert
MemberSo far AGL and Origin have "promised" they would give their customers the choice of either a credit on their bill or cash payment.Given that our minister for coal the Hon Peter Batchelor has refused to legislate that energy retailers must pay their customers they can change their mind any time it suits them.
Posted Sunday 4 Oct 2009 @ 7:13:46 pm from IP # -
Simon
MemberNot strictly related to your post Cactipus, but the title is appropriate.
I received our premium FIT contract (Origin) about one month ago. I 'm not rushing to sign up because of all the clauses about future REC's etc and all the other "disclaimers". Apart from the 60c / Kw, there is very little security in it for the customer esp. if policies change.
Does anyone else have concerns having finally received and perused these contracts?Having not rushed to sign up, a follow up contract arrives, with all the same clauses except a FIT of 23.5c / Kw !?*
I currently receive a FIT of 23.5 without strings attached. Is my current FIT about to be reduced to ?zero, if we do not sign up?Any opinions on what might be going on appreciated. I cannot help but get the feeling there are other agendas playing out here.
Regards SimonPosted Thursday 14 Jan 2010 @ 1:38:00 pm from IP # -
ghostgum
MemberWhen I first read the contract, I was concerned about the REC clauses. Then you keep reading and it is conditional on Origin saying in the schedule that they want to acquire them. The schedule is pre-filled in with a NO.
Have a look at the Moreland Energy Foundation summary of retailers:
http://www.mefl.com.au/news/183/Posted Friday 15 Jan 2010 @ 5:49:06 am from IP # -
Simon
MemberThank-ypu Ghostgum. The MEF survey is very good. I not quite convinced about the wording in the contract, viz;
Clause 15. Right to create and own REC's, GPR's and Environmental Rights being acquired by Origin
Under this agreement: NoNo what? ......No, I do not have the right. ..........No, the company does not have the right.......
This sounds ambiguous to me. ?To me it sounds as if I have no right to pursue these, IF Origin decides to acquire them. Despite the fact I have supplied the infrastructure.
Take for example this Scenario - Gov't decides to give an "environmental bonus" instead of implementing a gross tariff. Origin decides it wants your environmental bonus...................I have had one previous quasi-legal battle with an energy company. After major grief, considerable time/expense on my behalf, all I received was an apology, from the companies lawyers. Not even an offer of recompense. The Energy and Water Ombudsman's office felt this was a satisfactory outcome. If these contracts "go belly" -up I would not expect help from any gov't agency - you are "on your own" to take on these companies.
The department of primary industry does not appear too sharp about implications of these contracts despite being the body recommending gazetting of these contracts.
Sorry, I do not mean to sound so depressing but these companies are not known for benevolence and I'm not convinced our gov't or their agencies are competent enough to control their excesses.
Regards Simon
Posted Friday 15 Jan 2010 @ 10:25:43 am from IP # -
Michael L.
MemberActually Origin are paying 66c to their retail customers. ALL installers ask for the RECs to be assigned to them. If you don't, you pay about an extra $900 on the installation, it's as simple as that. Then you have to stuff around with the paperwork to get the money for the RECs you have generated. Not worth the effort.
With Origin, if you have had to assign your RECs to the installer, and it wasn't Origin, then I am waitng for my next bill to see how much feed in I am going to be paid, reading the paperwork, it should still be 66c.Posted Wednesday 27 Jan 2010 @ 4:56:48 am from IP #