Owing to the substantial consumption resulting from numerous residences, strata title communities can buy electricity in bulk from their chosen provider on a single bill (one bulk bill).
Electricity holds a significant role in our daily existence, providing power to various essential components ranging from basic lighting systems to sophisticated electronic devices. While electricity bills may appear mundane to some, it is crucial to acknowledge the remarkable impact it has on our standard of living.
We have curated 7 compelling facts about electricity that might pique your curiosity.
1. Australia Generates More Electricity Than We Consume
Most of the energy we produce in Australia is from non-renewable resources. This includes coal, natural gas and petroleum products. We process on average 3 times more energy that we consume as a country. This means we export two thirds of the energy that we produce.
2. Coal is Australia’s Largest Commodity Export
Did you know that Coal is Australia’s largest commodity export? Annual thermal and metallurgical coal exports are worth more than $40 million.
Bowen-Surat (Queensland) and Sydney basin (New South Wales) have the most significant black coal resources in Australia.
3. Almost 10% of New Cars are Electric
Market share was strongest in the Australian Capital Territory, with almost 10% of all new cars bought in 2022 being electric, up from 5% in 2021.
Electric vehicle market share was 4% in New South Wales and Victoria and slightly more than 3% in Queensland in 2022, but just 1% in the Northern Territory.
4. Sydney Bunker
It may come as a surprise, but in a Western Sydney suburb, there exists a bunker where a select few individuals wield complete control over the National Electricity Market.
Manned around the clock, these professionals work tirelessly to ensure that Australians receive an uninterrupted and sufficient supply of electricity.
5. Australia Consumes Enough Electricity To Charge 110 Billion Phones
Each day Australians consume enough electricity to charge over 110 billion mobile phones.
That is 14 times more than the world’s population.
6. Lightning Can Travel Through Plumbing
It is worth noting that this fact holds true worldwide, and not solely restricted to Australia.
In the event of a thunderstorm, it is advisable to steer clear of utilising shower, bath, or sink facilities as lightning can travel through plumbing systems.
Although electricity may not be the most scintillating topic of discussion, it is an omnipresent aspect of our daily lives.
Given our reliance on electricity, any opportunity to economise on utility bills is undoubtedly a welcome advantage.
If you believe you are paying too much for your electricity, click here to contact Silver Asset Services for a free review of your current electricity offerings.
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