QLD already have home solar installations that Ergon / Energex (State Electricity companies) do not allow to exporting to grid at all... so you are reducing you home power imports only - no passive income.
SA has recently introduced a bill to parliament to attempt to pave the way to allow your electricity provider with the legal ability to limit export to the grid when instructed to do so by market regulators (to prevent overloading network)
It is a real issue what AGL will / won't do from here... as a result of this, I would not be increasing my holding in AGL right now (irrespective of the price) - there is just too much uncertainty about what they will look like in 5 years time... AGLs appeal is the vertical integration of generator to retailer... if they don't increase generation capacity to offset what we lose from the coal plant retirements - we will be looking at a glorified energy retailer with some production.
We have diminishing near term dividends and also current capital losses... both going down at the same time is not a good thing.
That will not be what I consider a worthy investment..
Bring on grid 2.0. AGL - start investing.
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