[LINK] Electricity prices
tomk at unwired.com.au
Thu Mar 22 15:06:30 EST 2012
> -----Original Message-----
> From: link-bounces at mailman.anu.edu.au
> [mailto:link-bounces at mailman.anu.edu.au] On Behalf Of
> Marghanita da Cruz
> Sent: Thursday, 22 March 2012 12:12 PM
> To: Ben Elliston
> Cc: link at anu.edu.au
> Subject: Re: [LINK] Electricity prices
> Ben Elliston wrote:
> > On Thu, Mar 22, 2012 at 11:06:40AM +1100, Marghanita da Cruz wrote:
> >> Retail electricity (and gas) prices in Australia are regulated by
> >> each state. The OECD prices are probably a major consideration in
> >> setting the price.
> > Only small customers have access to regulated retail electricity
> > prices (except in Victoria, which is now deregulated, I
> believe?). For
> > all customers, other parts of the industry remain regulated (eg,
> > transmission and distribution).
> and for input from rooftop PV panels and wind turbines???,
> for example.
Well, curiously, the NSW Governments scheme that garnered 100+ megawatts
of Solar by introducing a 60 cents per kilowatt-hour incentive, is
probably the single biggest reason why we have had such enormous price
increases in the last two years.
Think about it for a moment, the Energy companies are paying 60 cents a
Kwh for something that they are charging consumers only 26 cents for.
The average 1.5 Kwh PV system generates around 9 Kwh per day.
At a premium of 34 cents per kilowatt, the rest of News South Wales is
subsidizing each and every kilowatt by 0.05362776 cents.
Why ? So the offsets guarantee that we can continue to burn coal ...
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