Gareth Jacobs, delivering good energy
11 Dec 2018
This year, we shared the stories of some of our most passionate people in our Sustainability Report and Shareholder Review, and asked what 'good energy' meant to them.
18 August 2016
For the eastern and southern states of Australia, the supply of electricity comes from one of thelargest geographically interconnected power systems in the world – the National Electricity Market.
Physically linked by a transmission grid, the NEM is in operation 24-hours a day, 365 days of the year.
A supply chain of generators, networks and retailers, which are required to distribute the electricity from the NEM into Aussie homes and businesses, all contribute to the cost of your electricity bill.
When customers receive their Origin Energy bill, it is based on costs incurred from the three ‘steps along the chain’. They are as follows:
The cost of generating electricity.
Retail services (15%)
Managing your accounts, billing and customer services.
Paying for the maintenance, upgrading and operation of the poles and wires.
Government green schemes (6%)
The national renewable energy target and other state based schemes.