What’s a variable tariff?

A standard variable tariff (or SVT) is another name for a variable plan where your unit rates, measured in kilowatt hours (kWh) and standing charges can go either up or down. Any price change will depend on what the energy market is doing.

If wholesale prices rise, we have to pay more for the energy we buy on your behalf. On a variable-rate plan, we’ll pass that price rise on to you so you’ll pay more for your energy.

We’ll always give you at least 30-days notice and offer you the choice to switch to a fixed-rate plan if your prices are set to rise.

Variable plans have no end-of-contract date, so you can leave or upgrade to a fixed-rate plan whenever you want, with no exit fees.

Our variable plan is the Simpler Energy tariff, which has a flexible, rolling contract.