Other business sector consumption
- The ‘Other’ business sector comprises domestic market servicing industries such as education, financial services, IT, infrastructure, and health and aged care. Growth and consumption trends are driven predominantly by factors such as population growth and household disposable income.
- Consumption is projected to by relatively flat in the short term (0.2% average annual change in the first five years), as forecast growth from projected increases in population and household disposable income is offset by businesses managing their energy use and costs through increasing PV and energy efficiency measures.
- Slightly stronger growth in consumption is forecast over the medium to long term (0.6% average annual growth to 2036–37), with population and household disposable income projected to continue growing.
- The Weak scenario examines the potential impact of flat household disposable income and mild population growth. Projections are flat over the forecast period (0.1% average annual increase in delivered demand). By contrast, the Strong economic scenario examines the impact of high growth in population and increasing household disposable income, which drive stronger growth forecasts (1.2% average annual increase in underlying demand). Some of this growth is also forecast to be offset by stronger projected rooftop PV generation, resulting in average annual forecast growth of 0.8% in delivered demand.
New South Wales
Consumption is forecast to grow by 0.3% on average annually in the short term, followed by average annual forecast growth of 1.1% for the remaining outlook period.
Consumption is forecast to be relatively flat in the short term, with projected growth due to forecast increases in household disposable income offset by increasing PV and energy eficiency. From 2021–22 until 2036–37, growth of 1,259 GWh in underlying demand is forecast. This is largely offset by projected increased rooftop PV, resulting in projected net growth in consumption of 233 GWh (0.1% per annum, on average).
Consumption is forecast to grow by 0.4% over the entire forecast period.
Consumption is forecast to be flat (0.1% average annual increase) over the 20-year outlook period.
Consumption is forecast to grow (0.5% on average annually) in the short term, followed by a forecast average annual increase of 0.8% for the remaining period to 2036–37.