Electricity prices higher in QLD, reports say

Central Queensland is expected to hit close to 40 degrees over the next couple of days, so remaining cool during the heat will be important to locals.

But according to News Limited, residents of the sunshine state are paying higher electricity prices as a result of having to produce extra energy at higher costs - due to increased demand during heatwaves.

Yesterday saw energy companies paying up to $12,000 per megawatt hour to the market, in addition to suppliers using pricey smaller generators.

The Courier Mail said wholesale prices of power are up to four or five times more expensive in Queensland than in New South Wales or Victoria.

With this in mind for the coming days, locals should consider ways of remaining cool without increasing their energy consumption.

In addition to using fans rather than air conditioning, look at reducing heat around the home. When cooking, don't use an oven as it produces a large amount of heat - a microwave can be a good substitute.

If you are unhappy with your energy provider, talk to a comparison and switching service to see if there is a better deal out there for you.

Posted by Charlie Moore