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JACK

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14/07/20

09:37

Post #: 45843420
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Originally posted by TillLindemann ↑

Renewables-dominated South Australia delivering cheaper power than Vic, NSW

South Australian consumers are starting to reap the benefits of the state’s world-leading renewable energy grid, with falling wholesale electricity prices in the state now delivering cheaper power than either Victoria or New South Wales.
South Australia energy minister Dan van Holst Pellekaan said in a statement on Monday that the state’s wholesale electricity prices had fallen below those of its neighbouring NEM states for the first time in seven years, in time to deliver welcome bill relief during the Coronavirus downturn.
Van Holst Pellekaan said that the fall in wholesale electricity prices was translating directly into savings annual household savings of between 2.7 per cent and 5.6 per cent this financial year.
“Driving down the cost of living lies at the heart of the Marshall government’s policy agenda and cheaper electricity is providing significant relief for South Australian households and businesses,” the minister said.
“Cheaper wholesale electricity is very good news for South Australian businesses large and small and will assist our economic recovery as we emerge from the coronavirus lockdown.”

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Clearly renewables and the big battery have been a screaming success.

Now would be a good time to cut them from the main grid then, costs a lot of money to maintain so the less sucking off it the better.
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