Power prices on the up again… Why?

The recent Announcement from AEMO (the ‘Regulator’) suggest that power prices will go up in the eastern states from between 20 to 25 cents per kWh in July 23 for the DEFAULT offer. This means that for anyone not on the default offer the price increase will...

2021 – power price and solar outlook

2020 has been defined by large reductions in wholesale power prices across the board, largely due to solar and wind energy playing a bigger role with their low costs of generation.Consumers have benefitted by lower electricity prices and higher competition. This is to...

Power prices – quo vadis?

Where are power prices heading? The answer may be two-fold:The increasing output of small and large scale solar is putting enormous pressure on wholesale prices, soc much that generators at times face negative prices. Bad for coal and gas, easier for solar as the...

Solar Batteries – where to from here

TESLA’s Powerwall 2 was released in 2017 and was set to revolutionize Li-Ion battery pricing. With twice the capacity of its predecessor, and at a cost of approx. A$8,000 in 2017, it briefly dropped the price to under $600 per kWh! The cost included all...

Are power prices really going down?

There has been some media focus on projections for  lower power prices in future years being put forward by AEMO. The reason cited was that more cheap renewable energies coming online and exert pressure on distributors and retailers.Well, We think this is wishful...

Be “powersmart”

Energy Efficiency is the key to unlocking the potential for making big energy savings. PV Solar is sexy, yes, but lighting retrofits, aircon retrofits, window and ceiling insulation etc. can pay back much faster than solar power.Within Powersmart, we have seen many...