Dubbo Gas Customers Slugged IPART reaches voluntary agreements - TopicsExpress

Dubbo Gas Customers Slugged IPART reaches voluntary agreements with the gas Standard Retailers which set average changes in regulated gas prices. These are the prices paid by customers who have not signed a market contract or who have chosen to return to the regulated price. Less than 25% of small gas customers are on the regulated price. Customers on market contracts pay unregulated prices. However, these prices are influenced by the same factors as those causing changes in the regulated prices. Under the final decisions, regulated prices increase by: q 18.0% for AGL, which supplies gas to over 80% of small regulated retail customers in NSW, covering Sydney, Wollongong, Newcastle, Dubbo, Orange, Parkes, and parts of the Riverina region. This is slightly higher than the draft decision and represents an increase of 17.3% in 2014/15 and 0.7% in 2015/16. The 2014/15 increase adds an extra $155 to an average residential customer’s annual bill and $725 on average for small business customers.

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