It’s the 30% supply charge increase that made me mad. That’s not tied to the wholesale cost. Thankfully I have solar panels so my bill is already quite low. But I still need grid access. Laying 30%pre now for that “luxury”.
Questions raised about 'overly generous' power price rises amid tumbling wholesale costs
Submitted 11 months ago by aquarisces@lemmy.world to australia@aussie.zone
Comments
crossover@lemmy.world 11 months ago
veroxii@lemmy.world 11 months ago
Yeah every year I have to shop around for lowest connection cost. It goes up year on year. And it’s definitely because of people with solar panels. A way to make them pay regardless of use.
min0nim@aussie.zone 11 months ago
So, let’s be honest here - producers artificially ramped up wholesale costs in the months before the new increases were handed down by the regulators (e.g. restrict supply through maintenance, and then unleash supply when the price is higher).
They can do this because the biggest ones are both on the retail and wholesale side. We’re getting fucking fleeced.
flathead@quex.cc 11 months ago
Of course. Privatization of public utilities, particularly energy generation and distribution systems, is simply a transfer of common wealth to private. Fleecing people who won’t understand the arcane pricing structures of “the market” they pretend is operating is just another revenue opportunity.
macrocephalic@lemmy.world 11 months ago
Privatisation can only work if there’s true deregulation. This just isn’t feasible for utilities as there’s only one distribution system (and it would be stupid to have more) and the barrier to entry for wholesale is too much to truly allow competition.