The price of electricity is determined by a number of factors such as transmission and distribution network costs, the wholesale electricity price faced by retailers, and government policies.
Energy efficiency can save money over the
short and long term. Short term gains can be achieved through simple measures
such as switching off appliances and equipment when not in use, changing settings,
or changing behaviours to operate equipment more efficiently.
Improved thermal (temperature) conditions
in buildings (residential and commercial) can also lead to improved health
outcomes as there is less need for active heating and cooling (reduced
temperature fluctuations, reduced drying of the ambient air, reduced movement
of dust and other particulates). Energy efficiency measures such as improved
day-lighting can also lead to increased productivity and improved moods.
