How have residential electricity costs been revised?
residential costs back to the year ended March have been revised based on consistent information provided by all electricity retailers. Some retailers have also provided revised data back to the year ended March . This has been incorporated into the residential electricity cost data.
Where can I find the quarterly survey of domestic electricity prices (qsdep)?
At URL provided, find the link to the Excel spreadsheet under the 'Quarterly Survey of Domestic Electricity Prices (QSDEP)' heading, This data forms the table Energy - Quarterly domestic electricity prices by town or city Feb –May . The QSDEP is a price indicator series that complements sales-based electricity cost data.
How do you calculate residential electricity cost per unit?
The residential electricity cost per unit is derived by dividing the dollar value of residential electricity sales by the number of kilowatt-hours (kWh) sold to residential customers. The survey also reports the 'lines' component of the residential costs. This covers both the distribution and transmission components of the residential costs.
How many kWh does a retailer consume a day?
• They consume an average of around 22 kWh per day. This equates to an annual consumption of kWh. • They are on the current advertised prices for the plans surveyed by the Ministry for each retailer in each region. This repre sents the headline, publicly advertised retail plan for new customers for each retailer without a fixed term contract.
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