Electricity in Victoria The electricity market in Australia is fully contestable; with numerous retailers providing low cost electricity to consumers and businesses in Victoria. Depending on the location in Victoria one of five distributors will service the area: Citi Power; SP Ausnet; PowerCor; Jemena; and United Energy. Based on current market pricing, Victoria’s electricity prices, depending on consumption levels, are on average between 8 and 33 percent lower than NSW and QLD. The table below gives examples of businesses that could fit into each load profile. Consumption at a site level can vary significantly depending on the exact activities and equipment that is installed at the site. Therefore the examples below should only be treated as a guide. In regards to electricity, the difference in the consumption splits between peak and off peak can primarily be attributed to the hours of operation at the site. In general a 50/50 peak/off peak split would be considered 24/7 operation and 75/25 peak/off peak a 1 shift 7 days a week operation. Annual Consumption Indicative Business Types 160MWh Service Station Corner Store Industrial - Small Office - Small to Medium Restaurant 1,000MWh Cinema Department Store - Large Supermarket Food Processing Plant - Medium Industrial Plant - Medium Residential Building/Hotel 10,000MWh Shopping Centre Food Processing Plant - Large Industrial Plant - Large 100,000MWh Industrial Plant - Very Large Mine Graph 1: Total Delivered Costs ($/MWh excl. GST) for Calendar Year 2016 (Profile – Peak 50%; Off Peak 50%) 160 MWh 1,0 00 MWh 10, 00 0 MWh 100 ,0 00 MWh $0 $50 $100 $150 $200 $250 Profile - Peak 50%; Off Peak 50% Victoria NSW QLD $AUD / MWh Source: EnergyAdvice, 2015 State on State variation: Profile – Peak 50%; Off Peak EnergyAdvice Pty Ltd (EnergyAdvice) was engaged by Invest Victoria to prepare information on indicative electricity and natural gas pricing for a variety of consumers across Victoria, New South Wales and Queensland. Authorised by the Victorian Government, Melbourne, Australia. © Copyright State of Victoria 2015. @InvestVictoria The Victorian Connection