A very simplistic way of looking at it for a household is 29c of gas produces 1.5kWhrs electricity. That's just above 19c/kWhr into the house. (I'm ignoring ownership and opportunity costs) Buying from the grid is near 21c/kWhr for you in WA. Here in QLD it's just above 21c from the grid, don't have gas so don't know that cost for comparison.
Until the powers-that-be figure out who will own the BlueGen (utilities or household) and if FITs are available then to an extent we're all whistling in the dark over BlueGens viability and applicability in OZ.
My 2c worth is the Brits have the more rational policy - a payment for installed generation capacity (10p I think, and to the utility as owner) and FIT of 3p(?) to the householder. I have a small photovoltaic system with an incredible 50c/kWhr FIT. Great for my pocket but sheer lunacy for pricing CO2 and reducing power bills to the general public.
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