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Report

Australian Consumers’ Likely Response to Cost-Reflective Electricity Pricing

Results from a nationwide experimental survey to explore the response of Australian consumers to cost-reflective electricity tariffs.

PublishedJun 2015
Location ACT, Australia, NSW, Qld, SA, Tas, Vic, WA
Author(s)
CSIRO
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Citation

K. Stenner, E. R. Frederiks, E. V. Hobman, and S. Meikle, Australian Consumers’ Likely Response to Cost-Reflective Electricity Pricing. CSIRO, Australia, , 2015. Available: .

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Full description

Co-funded by Energy Consumers Australia (ECA), the report presents results from a randomised experimental survey conducted with 1,181 Australian householders in December 2014. The survey aimed to investigate consumers' likely responses to more cost-reflective electricity pricing, including:

  • time-of-use tariffs;
  • critical peak pricing;
  • peak time rebates;
  • real-time pricing; and
  • capacity pricing.

Alongside examining likely rates of tariff uptake, the survey aimed to scientifically test whether 'risk relievers' like money-back guarantees or free automated devices may increase the appeal of different tariffs. Key findings are presented for the likely acceptance of cost-reflective pricing as a function of tariff type and risk relief, with a mix of quantitative and qualitative data presented. Findings are also presented for the moderating role of various socio-demographic characteristics, such as household income, education, employment status, household size and type, dwelling type, home ownership.

Copyright information for the report is available in the front-matter of the report.

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