| ▲ | nandomrumber 4 days ago | |
I’m an Australian living in Australia connected to the eastern grid. I have the invoices from my electricity bills to prove my assertion. I used to pay 12 cents per kilowatt hour, now I pay 36 cents or more. That’s a 300% increase for electricity prices vs, if I recall correctly, 26% for general inflation over the same 25 year period. And you’re trying to tell me I’m wrong. Why? I’ll believe a drop in electricity prices when I see it. | ||
| ▲ | toomuchtodo 4 days ago | parent [-] | |
Renewables do not reduce the need for grid investment costs between generators and you, that revenue and capital would be required regardless if you are unable or unwilling to produce all of the electricity to meet your domestic consumption requirements from rooftop solar and on site battery storage. Wholesale generation costs + distribution costs + taxes = your bill. | ||