Comment by BLKNSLVR
13 hours ago
When you say 'Australian grid prices are coming down a lot' I don't think you're talking consumer prices.
I don't have the exact 'before' numbers on me, but our peak electricity costs went up from around 42c/kWh to 56c/kWh around 18 months ago.
At the same time that feed-in was halved from 4c/kWh to 2c. Having said that, I'm pretty sure 'Shoulder' and 'Off-Peak' went down slightly.
(I'll update this when I can access my spreadsheet with the actual numbers and dates)
I should also say that I'm fairly insulated from this price rise having recently gotten a battery installed, plus moving to a special EV plan, so I charge the car and the house battery at the very cheap off peak rate (special for EV owners) and run the house entirely off battery, topped up with solar.
It's a privileged setup, but one that I planned and worked towards for a fair while, having seen ever increasing electricity prices always on the horizon (even before AI started eating all the resources).
That’s just the stickiness of prices, not a problem with solar.
Inflationary money is basically an ugly hack to allow prices to fall without falling.
But it's not happening in areas that keep coal on their grid - Wyoming, Texas, Utah, China, etc.
It's primarily the places that try do both solar an fossil fuel retirement that are experiencing high energy prices - California, UK, Europe, Australia, etc.
To be clear: Australia has always had fairly high electricity prices, and Australia is also not specifically doing 'fossil fuel retirement', although there are coal plants closing they're closing because they're reaching the expected end of their natural life.
Texas has the most wind power of any us state.
High energy prices happen when you don't do the basics to be ready for a change before making it. Or when you skip basic maintenance until everything falls apart. I'm sure there are many other complex factors I don't know about.
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