Latest articles on commercial energy for the future
They (government and regulators) said it couldn’t happen….Try telling that to nearly 70,000 homes and businesses who went without power in Victoria.
It has been an unbelievable 24 months across Australia with no state escaping the pain of rising electricity costs.
Business owners are fighting back against an energy market where the wholesale cost of electricity tripled in the past 18 months.
As you may know, the cost of raw power recently tripled in Australia and the cause was the early closure of inefficient coal plants in NSW, Victoria and South Australia.
The Australian Financial Review reported today that not only have the generators sold too much gas overseas to satisfy domestic demand but now coal appears to be in shortage.
The shocking truth is that Victoria is now the top of the charts on residential and commercial power costs per kWh. Not just in Australia but in the world!