WHC 1.00% $8.10 whitehaven coal limited

"I have solar panels on my roof, and my electricity bill is...

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    "I have solar panels on my roof, and my electricity bill is lower. I understand this is anecdotal."

    If you have solar on your roof you are getting subsidised for the grid use by other, non-solar households

    A part of your electricity bill involves the construction and maintenance of the power lines, as well as capex/depreciation on powerplants. Throughout the day when you use your solar (instead of the grid), you make no contribution to the overall maintenance of the grid. However at night, you use the grid, and make a small contribution to the capex/powerline infrastructure.

    Similar things will occur on a national scale of course, with solar farms (need to be connected up to the grid from more remote locations), wind towers etc. Not to mention, if you have these, you will need backup (gas, coal) - so that capex still needs to be spent despite being "renewable". Or, trillions in batteries.

    Not saying rooftop solar is bad, but just pointing out the subsidy you are getting.
 
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