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perpetuallunch 21 hours ago

> General consumer prices went down

What now?

Where in Australia have consumer prices gone down?

> because of a reduction in peak electricity use driving up retail costs

I don’t understand what you’re trying to day here.

ZeroGravitas 18 hours ago | parent | next [-]

https://www.abc.net.au/news/2026-05-26/power-prices-fall-in-...

> Power prices to fall for most customers, with bigger drops for businesses

> What is driving [lower prices] is a reduction in the cost of producing electricity. We've seen a lot more batteries and solar systems come into the electricity market in the last 12 months. They've been making the market much less volatile," Ms Savage said.

> "We've not needed as much gas and hydro generation in the evening peaks, and that's what's really cut that cost of wholesale generation."

perpetuallunch 15 hours ago | parent [-]

That is an article about a prediction, not actual data about a drop in price.

An article from a month and a half in the past.

Still waiting.

AneBytree 9 hours ago | parent | prev [-]

RE "....consumer prices went down...."

A bit misleading comment .. Yes , but after prices went up from renewables

perpetuallunch 8 hours ago | parent [-]

Yep, exactly. Due to the deranged Net Zero policies of successive Australian federal and state governments, Australia have experienced skyrocketing electricity prices, so any small decrease in residential and industrial prices now is effectively a shit sandwich.