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Carbon tax calculator will help estimate costs

Carbon tax calculator will help estimate costs

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Staff Reporter

Agents, property managers and other small businesses that are unsure of what the carbon tax may cost them will be able to use a new calculator to estimate its impact on their energy bills.

“Energy Action’s online calculator enables businesses big and small to quickly understand how the scheme will influence them over a three year period and what its impact will be on their most affected business cost – energy,” said Dr Ron Watts, Energy Action chairman.

“This free online calculator is available for all companies with the modelling allowing businesses to begin to more accurately predict cost changes derived from the carbon tax.”

The company said its ‘Energy Action Carbon Adjustment Calculator’ allows businesses to enter their gas and electricity consumption and length of billing period. From this information, which the company said is readily available on energy bills, the calculator, using a set of listed assumptions, then approximates a business’ likely carbon expense for 2013, 2014 and 2015 energy bills.

“There is a common misconception in the market that the tax will only affect Australia’s Top 500 companies,” said Edward Hanna, head of energy efficiency and sustainability at Energy Action.

“The reality is that Australia’s largest energy generators are within that group and will pass new costs down the line, eventually reaching consumers. For all companies, understanding your cost exposure is the first step in understanding what investment you should now be making to reduce your carbon footprint and energy expenditure.”

According to the company, the more bills a user can compile for an annual representation of their consumption, the more accurate the estimated costs will be. No personal or business details are required or kept during the calculation process.

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Carbon tax calculator will help estimate costs
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