#69730
Sir Humphrey
Strataguru

    …Once the powers that be have conned everyone into switching, then up will go the rates the Lecky people charge…

    It’s not a matter of anyone conning anyone. Getting off gas and going all electric while ramping up renewable electricity generation is the only practical way we can decarbonise our energy supplies. Gas will face a death spiral as ever more people get off gas and those who remain connected have to be billed more to maintain the network for a dwindling customer base.

    Where I am (ACT), electricity prices are low and stable for two reasons: 1) The ACT govt. entered into long-term, fixed price power purchase agreements with renewable generators, and 2) electricity pricing is regulated. Retailers can offer pricing plans below the regulated ceiling but not above. If other states’ prices get too high, their governments could introduce similar policies.