Quote Originally Posted by Beagle View Post
Daily fixed rate by the lines company is on top of that, about $1.75 per day inclusive of GST. Then there's the electricity authority levy which I think is about 0.15 cents per kw/hr and that's it. No discounts or anything like that, just the 15.4 cents per kw hr incl of GST and the above. Very sharp price and locked in for 3 years so happy days until the end of February 2022 ! MEL had a very special deal for Aucklanders. Don't ask me how they expect to make money out of it what with transmission costs of about 8-9 cents per kw/hr from memory.
Yes the transmission costs are close to 10 cents, so to think that they are giving you power at 5.4 whilst the spot price is 13-15. That is why I think you have the deal of the century. 15.4 incl GST is crazy. (Yes I am a bit jealous thinking I have a good deal at 22 cents)!