electricity cost per year aus 2017“Expecting a different result from doing the same thing over and over is actually a form of insanity.”

Keep supporting political parties that continuously disrupt and damage our electricity sector by lying about the benefits, and they will keep doing the same thing. Their talk is cheap. The outcomes of their actions stand in direct conflict with what they promise.

The promise of cheaper electricity over the years was, and still is, a LIE.

This from South Australian  Labor’s 2014-2018 plan.

“Labor deregulated the energy market to increase competition and help to push down prices. As a result, people on a standing contract with AGL and Origin Energy have received an average $180 yearly reduction to their power prices.
Independent modelling has predicted that residential power prices in South Australia will fall during the next three years for households which have switched to a market offer. The Australian Market Energy Commission (AMEC)
analysis shows prices falling by an annual average of 0.9 per cent over three years.

South Australia is one of only two states that AMEC predicts will average a decline in electricity prices. Labor will continue to find ways to help people meet the cost of energy.”

I know my electricity bill has only ever gone up from 2004. (except when the kids left home. Halved the bill that year from less usage).

The Labor government’s  incompetence with regard to energy policy is astounding.  If we had never engaged in the installation of windmills in SA, we would not have the dearest electricity in the developed world. We would have had regular supply of electricity at a more reasonable price.

 

“The closure of the Northern Power Station, which followed the withdrawal of capacity at the Pelican. Point Power Station in 2015, has created a tighter supply-demand balance in South Australia. While there is sufficient firm capacity to meet peak demand during winter without reliance on the Heywood inter-connector, the inter-connector may need to be relied upon to meet peak demand during summer, should wind-powered generation be unavailable.”

Wind generation has made our electricity more expensive. Wind generation has made our electricity supply less reliable.

“The mix of generation plant in South Australia has also changed markedly in recent years. Wind powered generation has displaced coal-fired generation, making the state more reliant on gas-fired generation to meet base load demand. The wholesale cost of gas has increased significantly, making gas-fired generation more expensive. While wind-powered generation has, in itself, put downward pressure on spot prices, it has driven out less expensive forms of generation and contributed to more volatile spot price outcomes. Wind generation is not firm due to its intermittency and retailers therefore cannot obtain firm hedge products from it. This is contributing to the further reduction in availability of forward contracts, which has been an issue in South Australia since at least 2007-08.”

Wind generation has made the wholesale electricity market more volatile.

“The spot price of electricity in South Australia has increased significantly since the closure of Northern Power Station on 9 May 2016.”

Labor is now going to install diesel generators to supply our electricity over the peak summer demand. What happened to our “oh so green government”.  Can you actually believe this?

They even had the opportunity to delay some of these outcomes, by keeping the Northern operational for another 3 years. Whetherill chose not to.

Now we are going to have a solar plant at great cost and with no regular supply.  See JoNova Their pride, arrogance, and or incompetence is astounding.  Re-newables (along with privatisation) got us into this mess and they think that re-newables will get us out of it?

insanity einstien

Full report

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