consider the need for electricity concessions, examine options for the introduction of time-of-use pricing, to regularly review the impact of time-of-use tariffs on Victorian families and investigate the need for an extensive consumer education campaign. Issues for Victoria (Revised)" concluded that the meters and the billing system based on the time at which energy is used would negatively impact many Victorians, increasing household energy costs by around the $100 mark a year, plus the $80 charge for the meter over two years.
All Australian households will eventually lose off-peak rates as the nation moves to smart meters and time based metering
In February, AGL announced Victorian customers will be slugged with a instead of late at nigh35 per cent electricity price rise if they use power on weekdays t or on weekends under new "time of use" tariffs to be introduced in May. Other retailers are reported to be considering implementing similar schemes.