Its not often you get to celebrate the doubling of your power bill.
After making an educated guess on the number of new SME customers at 1000 in the last quarter. On that basis LPEs 3600 SME customers will use more power than the 23100 residential customers
As this dynamic plays out, delayed billing of the mostly 3 monthly SMEs accounts will start to smooth out the mostly monthly residential s in stratas over the summer months. So I expect this consumption lift to give a very good next 6 months of receipts.
LPE Price at posting:
55.0¢ Sentiment: Buy Disclosure: Held
