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#1101 Aloysius

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Posted 10 December 2019 - 07:19 PM

Here you go people...
 

Power prices forecast to slide in next three years, with increasing supplies of renewable energy a primary driver

 

 

https://www.abc.net....s-aemc/11778476
 
This is what would've happened 6 years ago if the Carbon Tax had not been scrapped for the sake of five minute populism.



Oh yeah a "FORECAST" Forecast by whom, a forecastis usually based on some mindless model and by the time the forecast date arives it - the FORECast will have faded into obscurity in the same way that all the forecasts have.

Humbug!
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#1102 PZ.

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Posted 11 December 2019 - 02:43 AM

Heu Aloy.

 

If you want to consider the Australian Energy Market Commissions' work as mindless that's your preoperative.

 

They base their model on the simple proven logic of supply and demand - a favourite conservative formula.

 

I remember copping similar flak about pumped hydro - the deniers got it wrong then, so I'll skip on this one, thanks.

 

Let's hear it for lower power prices... the real McCoy !


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#1103 PeterJMelb

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Posted 12 December 2019 - 08:50 AM

Well the reduction to electric power costs didn't last too long.
All back to normal now.

This article is from the December 12 issue of The Herald Sun Digital Edition. To subscribe, visit https://www.heraldsun.com.au/.
TOM MINEAR AND KAREN COLLIER

VICTORIAN households will be slugged with massive price hikes on their power bills from next month, with families facing extra costs of at least $120 in 2020.

In an unwelcome Christmas present, electricity retailers are jacking up prices from January 1 after holding back increases this year.

Origin, one of the big three retailers, will lift prices on its discounted market offers by 7.7 per cent slugging the average user an extra $122.

Popular mid-tier retailer Simply Energy said its 270,000 residential customers would see bills rise about 10.7 per cent, or $159 a year.


Copyright © 2019 News Pty Limited
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#1104 PZ.

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Posted 12 December 2019 - 12:52 PM

I Don't Believe It :)


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#1105 PeterJMelb

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Posted 12 December 2019 - 05:05 PM

Yep!
Just received updated costs for next year.
Estimated at $50 the year, for me.
Yep!
I'm so pleased that renewable energy has saved the day, long may the subsidies continue to support it.
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#1106 PZ.

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Posted 13 December 2019 - 02:24 AM

Long may the subsidies continue to support coal power stations - even when they shut down LOL
 

I'm so pleased that renewable energy will lower my power prices in NSW

 

Victorian increases are state taxes - better get an extension lead and run it across the border :)


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#1107 PeterJMelb

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Posted 13 December 2019 - 12:41 PM

South Aus and Vic the two with most unpredictable energy supplies.
Also the two most fkuced states ever.
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