I am just comparing the benefits of switching to Dodo for electricity.
Dodo
Supply charge: $2.054
General usage: $0.4112 kwh
Controlled load: $0.2641 kwh
FIT: $0.062 kwh
OVO:
Supply charge: $0.913 day
General usage: $0.2981 kwh
Controlled load: $0.1870 kwh
FIT: $0.07 kwh
Yes OVO is providing cheaper rates overall however Dodo provides a 30% pay on time discount which appears it will drop the overall dodo costings down drastically?
Am I missing something?
Yes above. Hasher is right. Dodo 30% off is only off electricity usage. No discounts for supply charge
OVO would probs be cheaper.
Pay on Time Discounts are a scam and should be outlawed. the "pay on time Discounts" is the "Real" price, and the Price on the bill is the "Penalty" price. The Price on the Bill should be called "Pay Late Surcharge". It's simply a scheme for retailers to motivate their customers to pay on time, with the pay on time "Discount" being the real price. This avoids them having to deal with late payment cashflows and having to initiate debt collectors.
Doesn't pay on time discounts usually only applies to ex gst usage rates? Double check?
Looks like ovo may be the winner in lower bills?