South East Queensland: Electricity

South East Queensland: Electricity

  Category Measure Period 2014 review 2015 review 2016 review 2017 review 2018 review 2019 review source
SEQ
Market characteristics Number of small customers* As at end of previous calendar year     2.09m 2.12m (June 2017) 2.15m 2.17m AER retail statistics
Number of retail brands/ businesses 11/10 13/11 16/14 21/18 25/22 AEMC analysis, AEMO data
Independent rivalry Market concentration (HHI) 4,079 3,895 3,807 3,697 3,246 2,756
Market share of Big 3 93% 92% 89% 82% 76%
Customer activity Small customers on market offers*     48% 51% 54% 58% AER retail statistics
Competitive retail prices** Range of bill outcomes - Energex Between January and March   $1,429-$1,681 ($252 difference) $1,294-$1,709 ($415 difference) $1,313-$1,905 ($592 difference) $1,165-$2,228 ($1,063 difference) $1,438-$2,167 ($729 difference) AEMC analysis, Energy Made Easy website
* Data for whole of QLD. ** 2018 data is based on a representative customer in Queensland. Range of bill outcomes is based on the least to the most expensive (standing or market) offer available by DNSP area. Bills are based on data extracted from Government comparison website Energy Made Easy on 5 January 2017 and 21 March 2018.