Household power bills are predicted to continue falling in the coming years, despite the closure of major power stations including Liddell power station in New South Wales.An Australian Energy Market Commission report predicts reduced power bills over three yearsThe report notes an increasing amount of renewable energy across Australia
"Prices are expected to … fall again as lost capacity is replaced by a combination of solar, wind, gas and batteries," Ms Collyer said. "This is in addition to 4,130MW of new rooftop solar PV [photovoltaic] capacity, which will also influence prices by lowering demand and through exports."South-east Queensland is predicted to see the biggest price drop, with annual bills falling by 10 per cent by 2024, to reach their lowest level in more than a decade.
I expect prices to go up with the take up of electric vehicle’s.
no it doesnt IS SAYS PRICES WILL GO UP... then some time in the future if the fed government stops blocking renewables feeding into grid/builds transmission lines to the solar farms they said would have transmission lines that govs never built, THEN & only then it might come down
Except this...!!! AEMC chair Anna Collyer said power bills were expected to rise slightly, by about $20 in 2022/23, as Liddell closed down.🤔 NSW Generation screenshot 7.30 PM yesterday.. Coal + Gas...85.6% what will replace it?
I pay nothing now, will mine drop further now?
Oh so its not REAL its a 'PREDICTION' ... Wonder if the ABC will revisit this if the prices rise instead .. like they have in EVERY other part of the world where renewables were implemented ... Of course they wont: Our ABC: 𝗔ctivism 𝗕efore 𝗖ontent
All mattjcan and Barnaby_Joyce wish right now is sun stops shining and wind stops blowing.