2023 Price changes

Are business electricity prices changing?

Yes. The State Government has approved price changes to regulated business tariffs effective 1 July 2023. We have worked hard to keep increases to Synergy's tariffs, fees, and charges as low as possible for our business customers.

For more information, you can view the full details and changes at synergy.net.au/pricechanges.

Are gas prices likely to increase?

ATCO’s regulated gas distribution charges were updated in January 2023. You would have received a communication regarding this if your business was impacted. Please contact your account manager if you would like to discuss this further.

When will price changes come into effect?

Changes to regulated electricity tariffs, fees, charges, and DEBS buyback rates are effective from 1 July 2023, subject to relevant legislation taking effect by that date.

See synergy.net.au/pricechanges for details on the changes.

Why do electricity business tariffs change?

Regulated electricity tariffs are reviewed and determined by the State Government. They review changes to the costs of providing electricity and set the retail tariffs each year.

In unprecedented times like these, Synergy has tried to keep costs as low as possible, to reduce financial stress on our customers. We are committed to helping our customers to better manage their energy use and offer a range of information, concession, and support services

How is Synergy assisting customers to manage these increases?

We know that the past few years have been difficult for many, and Synergy is committed to supporting Western Australian businesses, not-for-profit, and charitable organisations.

If your business is needing more help or support, Synergy offers services to assist you in managing your business's energy use and costs. We can also help you with long-term energy saving solutions, including commercial solar and batteries.

Visit our COVID-19 support page for more information or call us on 13 13 54 today.

Has there been a change to my business's solar buyback rate?

The non-residential Renewable Energy Buyback Scheme (REBS) rate remains unchanged at 7.1350 cents per kWh.