Western Australia residential electrical tariffs

Here are all the residential tariffs you might be on from Synergy/Horizon. In each diagram, the vertical axis is time of day, from midnight to midnight.

Current residential tariffs

These are the residential tariffs you can buy new.


Home Plan (A1) 31 cents per kilowatt hour, all day every day. Home Plan (A1) 31 Prices in cents per kW.hour, including GST.
Midday Saver plan 23 cents per kilowatt hour overnight. 8 cents per kilowatt hour from 9am to 3pm. 51 cents per kilowatt hour from 3pm to 9pm. Midday Saver midnight 9am 3pm 9pm midnight midnight 9am 3pm 9pm midnight 23 8 51 23 Prices in cents per kW.hour, including GST.
Electric Vehicle Add On Like the Midday Saver plan, but with a cheaper 18 cents per kilowatt hour rate from 11pm to 6am. Electric Vehicle Add On midnight 6am 9am 3pm 9pm 11pm midnight midnight 6am 9am 3pm 9pm 11pm midnight 18 23 8 51 23 18 Prices in cents per kW.hour, including GST.
Distributed Energy Buyback Scheme 10 cents per kilowatt hour from 3pm to 9pm. 2¼ cents per kilowatt hour all other times. Distributed Energy Buyback Scheme midnight 3pm 9pm midnight midnight 3pm 9pm midnight 10 Prices in cents per kW.hour.

My analysis: don't get the Midday Saver unless you have solar PV and a battery, or your usage in the cheap band outweighs your usage in the expensive band.

If you have a battery, charge it from your PV until 3pm. From 3pm to 9pm, ensure you don't draw power from the grid. It isn't worth charging the battery from the grid at 8 cents and then selling power back to the grid at 10 cents, unless someone other than you is paying for the wear and tear this will cause to the battery. It might be worth charging the battery from PV and selling that to the grid at 10 cents — to find out, do your own maths based on your battery cost and estimated battery wear.

Legacy residential tariffs

You can't buy these new -- the only way you can be on one is if you're already on that one. The horizontal axis is day of week — in some plans, weekends are cheaper.


Electric Vehicle Home Plan midnight 4am 11pm midnight midnight 4am 11pm midnight 22 31 22 Prices in cents per kW.hour, including GST.
Smart Home Plan S M T W T F S midnight 7am 3pm 9pm midnight midnight 7am 3pm 9pm midnight 16 31 59 16 Prices in cents per kW.hour, including GST.
SmartPower (SM1) (Summer) S M T W T F S midnight 7am 11am 5pm 9pm midnight midnight 7am 11am 5pm 9pm midnight 16 31 62 31 16 26 26 Prices in cents per kW.hour, including GST.
 
SmartPower (SM1) (Winter) S M T W T F S midnight 7am 11am 5pm 9pm midnight midnight 7am 11am 5pm 9pm midnight 16 62 31 62 16 26 26 Prices in cents per kW.hour, including GST.
PowerShift PS1 S M T W T F S midnight 7am 2pm 8pm 10pm midnight midnight 2pm 8pm 10pm midnight 29 15 54 15 29 Prices in cents per kW.hour, including GST.
Hot Water Plan (B1) 13 Prices in cents per kW.hour, including GST.

For Smart Power (SM1), Summer means October to March. Winter means April to September.

Data taken from here.

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