EMI reports updated – Residential savings and consumption figures released (2017)

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  • Last post 17 January 2020
Matthew Keir posted this 11 June 2018

Residential savings

Estimated average residential savings figures for 2017 were $207 per residential connection. The average savings figure estimates the savings available across all residential consumers if they had switched to the lowest priced generally available plan each month.

The national average figure increased just over $40 from $164 in 2016. This increase is primarily due to some retailers increasing their price prior to winter in regional markets where they held large market share, while other competitors either delayed increases until after winter or did not increase prices at all (despite high wholesale prices for a period of time near the end of winter). 

Discover further insights relating to residential savings in the following reports

Figure 1: Residential average savings by network area, 2017

See the information provided with the reports for assumptions that are important to this analysis.

Residential consumption

In 2017 average residential consumption appears to have been normal early in the year and below average in second half of the year. On an annual basis, this resulted in a 0.2 per cent increase in average residential consumption over 2016 which had a particularly warm start to winter. 

Total residential consumption was estimated to be up 1.5 per cent on 2016 levels due largely to an increase in residential connections. This more than recovered from the reduced 2016 level which was 1.1 per cent down on 2015 consumption. 

Discover further insights related to residential consumption in the following reports:

Figure 2: Change in residential consumption, 2017

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kippie posted this 03 November 2019

Hello. I'm just wondering when the 2018 figures were released seeing as we are fast approaching the end of the year. Cheers.

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Matthew Keir posted this 04 November 2019

Hi kippie,

Sorry, we've had other priorities this year and haven't undertaken the analysis for the 2018 year yet. It's not looking like we'll get to it anytime soon either, so will most likely try to do 2018 and 2019 together.

Cheers,

Matthew

jofajafa posted this 17 January 2020

 That's a little disappointing - planning for the 20/21 year based on usage patterns that will be up to four years prior. When would you expect the combined 2018/2019 work complete Matthew? I had jumped online first thing yesterday morning for the latest switch stats and various other 2019 data, and hoping to see updated usage data also. Great to have such good access to these reports, but more current usage records would be helpful also. Regards, Jonathan.

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