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Thread: Electricity Prices - an interesting article

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    Default Electricity Prices - an interesting article

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    The price of electricity we buy from the grid will only increase over the coming years, it has nothing to do with the move to renewable. Malcolm Turnbull, useless as an ashtray on a motorbike. We are treated as mushrooms, kept in the dark and being fed chicken shit.

    In his days as premier Bob Carr knocked back 24 billion for the NSW power grid. In 2015 the NSW government sold it to Transgrid for A$10.3 billion much lower then was offered 15 or so year ago. why so ? In the passed 15 years our electricity usage from the grid has dropped nearly 70% when we replaced the 100 watts globe with 10 watts LED. Our 300 watts TV was replaced with a 120 watts LCD and so on.. then came Kevin Rudd's 70 cents buyback scheme, thousands of house holder installed PV panels further reducing the power grid usage. to top it up all the heavy users manufactures have closed down or moved offshore. the grid value is based on the volume of sales and so the grid value came down to 10.3 billion.

    Transgrid is entitled to recover its investment over 30 years + the operating costs + 6% or so dividend to the shareholders amount to a fixed amount and so the less electricity we use the higher the price will be to make up that fixed amount. What next... those who live in a house and can afford 16 to 20k$ solar+power-bank can cut themselves from the grid all together leaving the poor and those who live in apartments to pay even higher prices. There's nothing we can do about it.
    Last edited by B52; 07-10-17 at 10:37 AM.

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    Quote Originally Posted by B52 View Post
    The price of electricity we buy from the grid will only increase over the coming years, it has nothing to do with the move to renewable. Malcolm Turnbull, useless as an ashtray on a motorbike. We are treated as mushrooms, kept in the dark and being fed chicken shit.
    Thanks for that satisfying comment. Very accurately described.
    However in NSW the Baird government sold off part the grid and instead of putting that money where it would be needed back into the power generation/distribution he used the billions for his pet luxury projects in Sydney that benefit only few.
    These are the real criminals who stole from us people who paid for that grid
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