"The latest AEMO quarterly report published today shows the average wholesale electricity price for the first quarter of this year was $55 per megawatt hour in South Australia."
At your quoted wholesale cost, that is 5.5 cents per kWh. Divide that by the SA retail price of 44.3 cents and you get the figure of 12.4% of the total cost in SA attributed to wholesale costs that you so proudly state!
The cost of renewable power destroying South Australia, page-37
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