Discounts on electricity!
The ACT Government has a program called the Large-scale Feed-in Tariff scheme (also known as LFiT) that helps manage electricity costs. The Government has reduced their program costs because they found that they had too much money reserved for it. This means, starting from 1 July 2023, they're giving some money back to people who pay for electricity. From 1 July 2023 to 30 June 2024, everyone in Canberra will get a discount on their electricity network costs of $23.14 for every MWh of electricity used. All in all, these changes mean that the increase to electricity prices will be much lower than it otherwise would have been, thanks to adjustments in the government program. |