Evidence from takeover bids for Australia’s last two publicly listed electricity network services companies suggests consumers are paying more than they should.
Snowy Hydro will impose a massive additional cost on NSW customers, but solar panels on household roofs, which bring prices down for all of us, are the focus of massive reform.
Responsible governments should be demanding an explanation of why supposed customer and welfare advocacy has gone so badly off the rails.
The AEMC continues to ignore the evidence that fixing the solar export problem (whatever it may be) involves trivial amounts of expenditure.
Some of the claims made by advocates of the solar export fee, or the sun tax, do not bear scrutiny.
One of the key arguments used to justify the introduction of a solar export charge is that rooftop solar households are being subsidised by others. But does this stack up?
Has the AEMC been gullible in accepting frivolous claims about bottlenecks associated with the connection of rooftop solar?
Much has been gained with the Yallourn closure deal. It would not be surprising to see other generators approaching the Government along similar lines.
Australia’s electricity market is unsustainable. Texas shows us why.
Snowy Hydro is using unpublished negative price data to boost prospects of Snowy 2.0’s commercial success. But the claims raise more questions than answers.