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Australia: Electricity prices
  • Vitaliy_KiselevVitaliy_Kiselev

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    South Australian households are paying the highest prices in the world at 47.13¢ per kilowatt hour, more than Germany, Denmark and Italy which heavily tax energy, after the huge increases on July 1, Carbon + Energy Markets’ MarkIntell data service says.

  • 14 Replies sorted by
  • Vitaliy_KiselevVitaliy_Kiselev

    @goanna

    Well, privatization of profits and nationalization of expenses is nothing new.
    Capitalist just felt that it is no big immediate danger anymore, hence so much love to privatize everything.

  • goannagoanna

    Privatisation: has it really been that brilliant? Just look at electricity

    It was, voters were assured, a new post-ideology rationality unlocking capital and using competition to deliver service improvement, product innovation, customer sensitivity, and lower prices.

    Sydney Morning Herald, JUNE 21 2017

  • dancerchrisdancerchris

    At that high price solar becomes a viable option.

  • fredkaffredkaf

    in france we used to pay way less when it was public bisness , since EDF is a partnership with private investors , it's a nightmare .. price goes like 10x higher .. wxe used to have almost free electricity , as we were making more than we need, and we were saling a log to foreign country

  • kinvermarkkinvermark

    The story of BC Hydro mismanagement is a good example of public-private-partnership disasters and general problems with capitalism.

  • kinvermarkkinvermark

    Ooops. Yes meant 10.29 cents. Twenty years ago I had a commercial greenhouse with lights and paid around 5 cents per kwh. Maybe the new dam will get prices down further, but somehow I doubt it.

  • fredkaffredkaf

    see below the 2 chart is price for house , the first one show industial cost ,

    https://www.fournisseurs-electricite.com/faq/213-marche-de-lelectricite/29630-prix-de-lelectricite-en-europe

  • fredkaffredkaf

    actually electricity price in france is 13,730 not 24,63 like said .. again unverified stuff

  • goannagoanna

    $41cents/kwh is not what we pay.

    A "Median" is always more meaningful than an average (which isn't 41c anywhere but in SA). image

    I calculated average cost per kwh per household:

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    Now, if I seem to be very keen to calculate this, it's because the private companies are also keen - to fudge the information. (Population sourced from Australian Bureau of Statistics, -last Census was Aug 2016, just before the Hurricane. ABS also shows weekly costs per household via ther Consumer Price Index) http://www.abs.gov.au/ausstats/abs@.nsf/mf/6401.0

  • goannagoanna

    In Sept 2016 SA had a massive hurricane which knocked out much of its distribution infrastructure. For a few days private electricity suppliers raised the wholesale price from $70 per megawatt hour to $30,000-$70,000.00 , causing a once-only spike. This was unanimously seen as an unconscionable price-gouging exercise.

    Following the emergency, all private domestic suppliers have sought to re-fund reconstruction of their networks.

    http://www.abc.net.au/news/2016-09-28/sa-power-outage-explainer/7886090

  • jleojleo

    ten cents per KW/hr

    It would be less than 10 cents, but B.C. sold electricity to California and lost $76 billion and now charges more for electricity .

    https://watershedsentinel.ca/articles/bc-hydros-76-billion-debt/

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    generation-type-rates-co2-graphic-tease.jpg
    660 x 372 - 245K
  • goannagoanna

    $10.29 /KW/H? that brings in your morning toast (3 min) at $0.51, a 2-bar heater to warm your toes is $20.60 an hour - and your actual single room, wall-banger air conditioner up to $35/hour. Monthly use (av 900kw/h) will be $9,374.19. Move to Florida

  • Vitaliy_KiselevVitaliy_Kiselev

    @kinvermark

    Good place for mining farms.

  • kinvermarkkinvermark

    British Columbia, Canada $10.29 ! Its all about the Dams.

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