Australia's largest stock trading and investment forum Australia's #1 stock forum

That link is all about a wholesale price.Consumers pay the...

First 4 Last

Share
Profile

Follow
zzedzz

15,689 Posts.

27/02/24

15:25

Post #: 72622715
Share

Originally posted by acorn: ↑

" And it leads the world with its consumer power prices! "Yep. Absolutely.

That's because it's a big state with not a lot of customers when compared to the eastern states.

So whether it's fossil or renewable electricity , the network costs are the same.

Just as well the cost of generation is falling thanks to renewables.

" In a positive sign for households, renewable energy is driving down the price of electricity in South Australia, according to the Quarterly Energy Dynamics report released today. "

https://www.premier.sa.gov.au/media-releases/news-items/government-welcomes-power-price-fall-in-market

Expand

That link is all about a wholesale price.

Consumers pay the retail price and it just keeps going up.

By the way, there are many extra costs to handle those renewables.

There is no place on earth that has lots of wind and solar with a low consumer price!
18 Upvote

Reply

There are more pages in this discussion • 106 more messages in this thread...

First 4 Last