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What are you comparing Australia's electricity to to call it cheap?
by duk3luk3 7y ago
What are you comparing Australia's electricity to to call it cheap?
- taneq 7y agoOur wholesale power prices are actually quite low. Residential power is expensive because rooftop solar is putting the economics of maintaining the grid into a death spiral.
- BLKNSLVR 7y agoRooftop solar became popular because residential electricity prices were so high. Look up gold-plating poles and wires. The grid death spiral is a long way off. It's also something that could have been mitigated by the networks themselves if they'd had any economists worth their salt.
- phs318u 7y agoPlease support your claim with some evidence. I worked in the contestable electricity distribution business for 8 years from 2001 to 2009 and I can assure that your claim is complete bollocks.
- bjowen 7y agohttps://www.themonthly.com.au/issue/2014/july/1404136800/jess-hill/power-corrupts https://www.themonthly.com.au/issue/2014/july/1404136800/jes...
- phs318u 7y agoExactly. I worked at Powercor and Citipower - two distribution licenses but one parent company that ran a shared-everything operation across the two. We cost a bit more than one company to run but we’re able to recoup as if we were two wholly independent operations. The whole contestable distribution market was/is a huge scam.