The Real Increase in Electricity Costs 2022 to 2023.
An actual example to show the increase in Electricity charges in the last year.
Actual quarter ended 31 Dec 2023.
Daily usage 8.35 kWh.
This time last year 6.74 kWh.
Compared to the same time last year, the usage increased by 23.9%.
Daily cost $4.21
This time last year $2.86
Compared to the same time last year, the cost increased by 47.2%.
This shows a real increase of 18.9% based on price alone, over the last 12 months.