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Kamikuza said..Mr Milk said..Kamikuza said.."households"
Pretty much a guarantee of selective statistics.
And ... where's the data? How much did South Australia save more than other states? Especially Tasmania, which is 100% hydro...
The Guardian living up to its reputation again. Cue log jam.
It says that WHOLESALE prices have been lower in SA than on the rest of the east coast grid
South Australia has had lower monthly wholesale electricity prices than Victoria since January, than New South Wales since August and than Queensland and Tasmania for the past two months.
The only mention of "households" is the suggestion that their prices will come down a bit over the next few years
The annual report of the Australian Energy Market Commission earlier this month found household prices were expected to start falling over the next few years, mostly due to decreases in wholesale costs as clean energy generation capacity, particularly from windfarms, increased.
Are we reading the same article? There's literally no details, no citations, no corroboration. The Guardian is mad keven to link to their own articles when they feel the need to back their claims up though...
"On Sunday, the competition watchdog found
Australian households had already saved $65 on their power bills over the past year, but it said electricity affordability required further attention, in part because while solar panels reduced bills for households that had them, others shouldered the cost of feed-in tariff incentive schemes."
Neither your quote our mine appears to be talking about actual savings in SA to actual consumers.
The article isn't primarily about household consumers. It's a report that the Australia Institute has looked at how the wholesale price of electricity has varied across the east coast grid.
I don't know about your account, but my charge for electricity use is agreed in advance with the retailer, it doesn't vary with the wholesale price day to day. In the longer term, competition between retailers should lead to a fall in retail price of power, as long as the retailers anticipate lower wholesale prices.
The idea that feed in tariff incentive schemes is a big cost burden is laughable, since most of those schemes were closed years ago. What happens now is that the retailer offers a feed in rate, bearing in mind that they are going to be needing the power from somewhere, they can decide what to pay householders compared to what they think will happen to wholesale prices on sunny days. Origin Energy must think that rooftop PV has been relatively cheap, since they increased my feed in tariff from 15c to 21c on 1 July.