While rising network charges were expected to place upward pressure on bills, falling wholesale electricity costs — helped by increased wind and battery generation — appear to have outweighed them in most regions this year.
Flat-rate residential DMO prices are set to fall between 3.4% and 7.2% across NSW and South East Queensland, while South Australia is the only region facing a small increase of 1.4%.
Where are all those people who continuously predicted that renewables were going to raise the cost of home electricity?
DMO prices are irrelevant and them dropping doesn’t mean bills are dropping. While most power companies are charging 38c/kWh, the DMO price dropping from say $1/kWh to $0.95/kWh doesn’t man you pay less.
From this very article:
The AER continues to stress the DMO is not intended to be a competitive market offer.
No one should be paying the DMO price. Not a single person in the country.
Renewables have been raising the cost of home electricity. Our power bills have been increasing quarter after quarter for years.
Renewables have been raising the cost of home electricity.
That which can be asserted without evidence. can be dismissed without evidence.
am example oir coal plants are all so ood they’d need replacing at many billions, Calide goes down more often the Barnaby’s pants in Pauline’s office
i lived off grid for 10 years with zero electricity bill on a 2kW solar aysyem.
last 2 years on grid with an 8.5kW solar with an electricity bill of a couple $100 a year and that includes charging my ecar and ebike, heat pump and induction cooktop.
That which can be asserted without evidence. can be dismissed without evidence.
The line between investment in “renewables” and increases in power bills is pretty much the same.
The line between investment in “renewables” and increases in power bills is pretty much the same.
This reminds me of when people were getting covid and going on ventilators and dying
So then right wingers started saying the ventilators were killing people
Good times
Not at all the same, not to mention I highly doubt that ever happened.
Almost 50% of your power bill is to pay for infrastructure. What requires enormous amounts of new infrastructure, in the trillions of dollars region? “Renewables”. Adding “renewables” to the grid adds incredible amounts of costs to the grid, meaning prices go up. It’s not rocket science. We’ve even had power company CEO’s tell us this.
https://thenewamerican.com/news/musk-blames-ventilators-for-covid-deaths/
and a quick search brings up thousands of results
Fact Check: Covid Conspiracists Say Leaders Have Admitted Virus Was ‘Test’
https://www.newsweek.com/covid-conspiracy-theorists-virus-test-fact-check-1951640
right wingers really went full blown mental during covid
What requires enormous amounts of new infrastructure, in the trillions of dollars region?
Nuclear power? Trillions? Are you talking about fusion?
That’s not “right wingers”, that’s conspiracy theorists.
The transmission costs for “renewables” in Australia are in the trillions. Nuclear uses the existing infrastructure for transmission.
DMO prices are irrelevant
🙄
Still, the DMO matters because it influences the reference prices retailers use in advertising, and because it provides a benchmark against which other offers are measured.
That’s what it’s supposed to do, but it doesn’t. The DMO is significantly higher cost than any retailer.
Well, since I moved into a house with solar panels what I pay for electricity is 0 to miniscule compared to what I used to pay without solar panels. This is even though I have been using more electrical power in this home because it is all-electrical and in my previous one I used gas for cooking and some heating. I have literally saved $thousands.
So you don’t use any power after sundown?
Of course I do but I get credit from my provider for the energy I don’t use and when using extra power, like in winter, the accumulated credit pays for some of the cost I incur. It is also true I do not have a lot of unnecessary (for me) machines that use up more power. That probably also helps.
This doesn’t change the fact that power prices are going up. Yes, some people who can take advantage of solar are able to offset it and get no bills, but it takes investment to do that and not everyone is able to do it even if they have the money.
More renewables = higher prices, mostly due to the astronomical transmission costs that the government refuses to even release their numbers for because they know it will be over a trillion dollars.
DMO prices mean nothing. This is like pointing to wholesale prices of batteries halving while retail prices increase by 10% and saying “batteries are cheaper now!”.
Spain isn’t Australia.
