Best you do some research , old mate.
Power prices are rising, particularly in NSW and Qld, because black coal prices are increasing. The black coal price that powers coal fired power stations in those states is linked to the international price.
Hence , up goes the cost of generation.
I laugh how you write , " don't believe everything you read " on an anonymous, conservative, chock full of climate deniers, forum.
You should have just said , " trust me ".
Anyway, I think I'll stick with the organizations reporting on this that are actually real and can be identified as opposed to Vinny, the anonymous fossil troll on the internet.
" The latest quarterly report from the country’s energy market operator shows that a lack of transmission meant the big states that are more dependent on black coal power were unable to take advantage of cheaper power from renewable sources in the south.This means power users in those states are facing higher electricity bills
because black coal prices have soared amid a global energy crunch, a scenario which threatens to add to rising inflation and stoke concern about cost-of-living struggles.The extent to which the mid-year price increases for retail and small business customers reflect the huge spike in wholesale prices in Queensland and NSW will depend partly on the level of hedging each retailer has in place. Very large power users whose prices more closely follow the wholesale market may already be paying more.In its latest quarterly report, the Australian Energy Market Operator said those states that are more dependent on coal recorded the largest wholesale electricity prices, while those in the south, such as Victoria and South Australia – which typically have more renewable energy generation – had the smallest increases. "
https://www.copyright link/companies/energy/lack-of-transmission-elevated-wholesale-electricity-prices-aemo-20220428-p5agx8
