Power cost surges as renewables are penalised

It's out of control. They blamed a carbon tax for increasing power costs but without it they are going through the roof as they move to protect the huge investment in the national grid and coal.

"Fixed charges for households will jump more than 20 per cent to $1.07 a day, meaning that with GST, households will pay a minimum $428 a year on fixed charges, no matter how little electricity they consume.
The consumption rate has been cut to 22c/kWh but this means nothing for households that consume around 7kWh a day – pensioners and single person households for instance, and others who pay attention to energy efficiency.
Their annual bill will now be more than $1,050 – which equates to a rate of 42c/kWh, probably the highest in the world. And their ability to offset that with solar is greatly reduced because so much of the cost is unavoidable."

http://reneweconomy.com.au/2015/que...sive-rises-in-fixed-electricity-charges-52523