Australian energy market

[GregLocock]

Some interesting numbers.

My electricity provider charges me 31 c /kWh - this is high
My electricity provider pays me 20 c /kWh for solar -this also is high
an electricity provider receives 3 c/kWh subsidy for renewable energy
gas peaking costs about 16 c /kWh
gas baseload costs about 9.5 c/kWh (our gas prices are high for cartel reasons)
coal baseload costs about 4 c /kWh (from memory)

The price for electricity on the wholesale market is limited to a maximum of 1400 c/kWh, and can fall below 0.


Cheers

Greg Locock


New here? Try reading these, they might help FAQ731-376

http://eng-tips.com/market.cfm?

 

[1503-44]

Is there a sales tax applied to retail electricity sales that you would not have to pay on all self- generated power that you yourself consume? If 10% sales tax is applied to retail electricity, then consumer's total cost for purchased power is 33 cents/kWh, saving 13 cents/kWh on autoconsumption.

Reality used to affect the way we thought. Now we somehow believe that what we think affects reality.

 

[Compositepro]

In Tennessee I'm paying 12.5 cents/kW-hr.

 

[GregLocock]

I didn't look around for the cheapest domestic rate, I suspect it is 22c/kWh or so. For my bill the high feed in tariff is the important number.

Cheers

Greg Locock


New here? Try reading these, they might help FAQ731-376

http://eng-tips.com/market.cfm?

 

[1503-44]

TN has (one of?) the cheapest rates in the world.

Reality used to affect the way we thought. Now we somehow believe that what we think affects reality.

 

[hokie66]

My bill in Queensland last quarter was $274.54 last quarter for 1660 kWh, so net of 16.5 cents/kWh. More complicated than that, as there are a couple of different usage rates and supply charges, and some discounts/rebates from the state government. Those are Aussie cents, and Queensland's supply is mostly coal.

 

[rb1957]

ahhh, Queensland ! on the cutting edge of "green" science ! pumping out that CO2 and complaining about the reef.

smile … go "sky blues"

another day in paradise, or is paradise one day closer ?

 

[hokie66]

No, Queenslanders are not complaining about the reef. It is outsiders who say we are destroying it. Even Obama came here and gave a lecture to a bunch of Uni students to that effect.

The baby Maroons, coached by the old footy professor, will give those damn Blues a run for it.

 

[rb1957]

where in QLD ? I've a brother near Gympie.

another day in paradise, or is paradise one day closer ?

 

[hokie66]

I now live in a western suburb of Brisbane. When we first moved to Australia from the US, we lived in Rockhampton for 6 years, then Mackay for 3 years. Gympie is a nice town. What does he do there?

 

[rb1957]

retired Navy officer, used to be a maca nut farmer, but now retired from that too.

another day in paradise, or is paradise one day closer ?

 

[moon161]

NY, 17.2 cents/kWH, theres a 70% renewable by 2030, 100% by 2040 goal.
Some part wind and solar, mostly fracked gas and nuke. I think all the coal fired plants are refitting to NG or closing.