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Before we change the world together...

Price Range (kWh)
% of the time
Below 0¢
Between 0¢ - 25¢
Between 25¢ - 35¢
Between 35¢ - $3
Above $3
     0.1%    
89.3%
8.1%
2.4%
0.1%
Wholesale prices in table are based on actual prices over the time period 19 June 2018 - 2 April 2020, for the Melbourne postcode 3000.
Price Range (kWh)
Frequency
Below 0¢
Between 0¢ - 25¢
Between 25¢ - 35¢
Between 35¢ - $3
Above $3
     <0.01%    
88.3%
9.4%
2.3%
0.1%
Wholesale prices in table are based on actual prices over the time period 19 June 2018 - 2 April 2020, for the Sydney postcode 2000.
Price Range (kWh)
Frequency
Below 0¢
Between 0¢ - 30¢
Between 30¢ - 40¢
Between 40¢ - $3
Above $3
0.5%
64.9%
30%
4.5%
0.1%
Wholesale prices in table are based on actual prices over the time period 19 June 2018 - 2 April 2020, for the Adelaide postcode 5000.
Price Range (kWh)
Frequency
Below 0¢
Between 0¢ - 25¢
Between 25¢ - 35¢
Between 35¢ - $3
Above $3
0.1%
91.7%
7.1%
1.1%
<0.01%
Wholesale prices in chart above are based on actual prices over the time period 1 September 2018 - 31 August 2019, for the Brisbane postcode 4000.

Aren't wholesale prices always cheaper?

Over the course of a year, wholesale prices are a cheaper way to buy power for most customers.

But wholesale prices aren't always cheaper in every hour, day, or month of the year.

Wholesale prices can spike up to ~$19/kWh for 0 - 8 hours each year, usually on the hottest evenings in summer. If you're not able to reduce your usage during spikes, you could pay more with Amber than with a traditional retailer over summer.

The chart shown here displays average wholesale prices per month, including some usage during price spikes. If you're able to reduce your usage for a few hours over summer you can avoid these price spikes and save every month with Amber. The Amber app will notify you when it's time to reduce your usage to avoid price spikes.

You can continue running fans, lights, TVs and computers during price spikes at relatively low cost - they don't use much power.

☀️  If you have solar and export power during a price spike you could earn up to $100 in 1 day (if you exported 7kWh). That's because your FiT with Amber can climb up to ~$16/kWh during times when demand on the grid is sky-high.
Wholesale prices in chart are based on actual prices over the last 12 months for Melbourne postcode 3000.
Wholesale prices in chart are based on actual prices over the last 12 months for Sydney postcode 2000.
Wholesale prices in chart are based on actual prices over the last 12 months for Adelaide postcode 5000.
Wholesale prices in chart are based on actual prices over the last 12 months for Brisbane postcode 4000.

Reducing your usage during price spikes is a powerful way to support renewables

Price spikes happen at times when most households are using the aircon and there aren't enough renewables in the grid to meet demand. Coal and gas-fired power stations charge 100x normal prices for their power at these times, driving up the wholesale price.

That's why reducing your usage during price spikes is one of the most powerful things your household can do to stop supporting the profits of coal and gas companies.