Greetings, Reddit Hivemind!
In the market for new energy providers, and have been somewhat confounded.
Am I right in understanding that, for example, Diamond Energy’s all day costs are 21.7 c/kWh and Momentum Energy's rates are similar to Diamond 20.6 c/kWh, while Alinta Energy’s costs are 6.7 c/kWH.. making Diamond and Momentum roughly 3x as expensive as Alinta based on c/kWh? Diamond and Momentum purportedly offer renewable sources of energy, while Alinta is your cookie cutter oil/gas.
How, then can the reference prices be fairly similar? $1,292 for Diamond, $1,234 for Momentum, $1,215 for Alinta. Reference prices, as I understand them, measure the total cost of using 4000 kWh over the span of a year.
Please be kind with the number of downvotes. I am genuinely confused.
Edit: Thanks all, feel like a bit of an numpty. Alinta's peak consumption charge is exactly the same as Diamond Energy's 21.7 c/kWh
In the market for new energy providers, and have been somewhat confounded.
Am I right in understanding that, for example, Diamond Energy’s all day costs are 21.7 c/kWh and Momentum Energy's rates are similar to Diamond 20.6 c/kWh, while Alinta Energy’s costs are 6.7 c/kWH.. making Diamond and Momentum roughly 3x as expensive as Alinta based on c/kWh? Diamond and Momentum purportedly offer renewable sources of energy, while Alinta is your cookie cutter oil/gas.
How, then can the reference prices be fairly similar? $1,292 for Diamond, $1,234 for Momentum, $1,215 for Alinta. Reference prices, as I understand them, measure the total cost of using 4000 kWh over the span of a year.
Please be kind with the number of downvotes. I am genuinely confused.
Edit: Thanks all, feel like a bit of an numpty. Alinta's peak consumption charge is exactly the same as Diamond Energy's 21.7 c/kWh