The AER estimates the average flow on effect to AGN’s 425,000 residential and 10,000 small business customers will culminate in their gas bills dropping by about $144 and $750 per annum respectively from 1 July 2016, assuming other components of the bill do not change.
AGN Chief Operating Officer, Mr Andrew Staniford said “The reduction in the network charges will take the pressure off household and small business gas bills.”?
“The price drop will significantly improve the affordability of natural gas and will be a boon for South Australia,”? he said.