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Thread: Why you are paying more for your power

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    Default Why you are paying more for your power

    National Press Club, Rod Sims
    Straight from the horses mouth, the reason you are paying more for electricity and gas, you may be surprised the reasons why. It is an one hour watch, high lights are that 40% of costs are network costs due to gold plating but sponsored by state governments, secondly paying 4 x the spot market for gas supplies
    Last edited by allover; 25-09-17 at 11:05 AM.
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    Also called 'Ripping off the Mugs because we can'.
    I gather that the actual cost of generation and supply has very little to do with the amount charged but it is based on an arbitrary value of what it SHOULD cost!!
    Of course this figure is always over the 'real' cost after all the sums are added up then what is 'deemed' appropriate, is added on.
    It is utter garbage to make any claims that costs for the operation of a Power station/Distribution network vary hour by hour as a pole and the wires dont change during that time.

    We were warned not to 'Sell off the Farm' and that because Governments are so inept and wasteful, it was handed over to Private Enterprise because 'they can do it SO much better' which we can see they have succeeded in doing by the skyrocketing prices and threats of more to come !!
    I stand unequivicably behind everything I say , I just dont ever remember saying it !!

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