Origin has sent me an email telling me that my natural gas price is going up.
Trigger to look at options.
In the end, decided to go with Red because it is both cheaper than Origin and (note lower case) comes with some bonus Qantas points.
In Queensland, Electricity (not sure on gas) rates increase on 1-JULY. Spoke to Charlotte who said that because I am a new customer, that my rates will stay as per the web site. Having said that, the rates she quoted were slightly lower than the web site.
RED DEMAND CHARGE
They measure the power used in a half hour period between 4pm and 8pm and choose the maximum for the month and then multiply by 16.878 x 30 days to get a number like $9.89. Lets see how that pans out
QANTAS POINTS
We get 15000 points. 10k for electricity and 5k for gas plus 2 points per $1 if paid on time which it should be when paid on the credit card. The question is what is 15000 qantas points worth?
Insurance $37 or 5286 pts ==> 142pts per dollar or 0.0069996 pts per dollar
WAIT AND SEE
So we wait and see if this makes any real difference.
GAS
| WHO | c/day | c/MJ | Notes. |
| Origin 2023 | 136.202 | 4.235 | . |
| Origin 2024 | 139.095 |
4.488 | . |
| Origin 2025 | 142.461 | 4.620 | . |
| Origin Retention 2025 | 104.32 | 3.51 | |
| RED 2024 | 115.775 | 3.685 | All the plans show the same costs - Why? Qantas points. |
| RED 2025 | 115.775 | 3.685 | Confirmed on the phone. |
| . | |||
| Covau Freedom | 124.3 |
3.773 |
|
| Alinta Home Saver 2024 | 101.178 |
4.246 |
+$50 credit. No exit fee |
| Alinta Home Saver | 87.5 |
4.246 |
Amortize the +$50 credit |
| LPE - |
. | . | I think only for strata title apartment blocks |
| GloBird No Contract | 77 |
3.87 |
Connect $22 disconnect $22 Equiv to a month or 12c /day |
| . | 90 |
3.87 | amortize the $22 + $22 over 1 year |
| . | . | . | Not sure if they actually supply Corinda |
| . | . | . | . |
In comparing Red with Origin, Origin has "Controlled load 2" and Red has Time of use.
The question becomes "what is the difference?"
The c/day for controlled use is 50 times higher than the origin Controlled 2 price.
When do the price rises happen
| WHO | c/day | c/kWh | Notes. |
| Origin 2024 General | 136.6530 | 33.6160 | $526.25+$122.99=$649.24 |
| Origin 2024 Controlled 2 | 003.8060 | 20.6910 | $49.00 + $ 3.43 = $52.43 |
| Origin Retention 2025 | 109.04 | 26.83 | |
| Red 2025 Single | 118.8 | 30.448 | |
| Red Time of Use | 122.1 | 25.685 | Not applicable |
| Red 2025 (phone) | 1118.8 | 27.808 | |
| Red 2025 Controlled load | 0 | 20.79 | |
| Red 2025 "Demand Charge" | 16.878 | Max use x half hr between 4pm-8pm | |
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