Staying updated on the latest SP electricity rate helps residents make informed decisions about their energy provider.

Customers who have not switched to an Open Electricity Market (OEM) retailer continue to pay the SP regulated tariff set quarterly by the Energy Market Authority.

Rising fuel prices or changes in supply can cause the regulated tariff to increase, which directly impacts household bills.

The SP regulated tariff is published on the SP Group website more info and in media channels at the start of each quarter—usually quoted in cents per kWh (kilowatt-hour).

Since the launch of OEM, residents can switch providers if they find a better deal or prefer a fixed-rate plan over the variable tariff.

Besides comparing rates, residents are encouraged to monitor their energy usage and take advantage of tips and rebates offered by SP Group and government schemes.

To sum up, keeping track of electricity tariffs empowers you to make smart choices about your provider and energy use.