Australian Politics Forum

Blimey, power prices in most states to go up above the inflation rate next July.

Electricity bills to jump as much as 9pc in cost-of-living blow
The energy regulator’s price ruling will intensify pressure on cash-strapped households and the Albanese government as the federal election edges closer.

https://www.theaustralian.com.au/business/mining-energy/electricity-bills-to-jump-as-much-as-9pc-in-costofliving-blow-energy-regulator/news-story/1f8a3e0777fa1e2fca4249d33f7f3321

Power prices will be a key issue in the upcoming federal election, due by May, which will focus heavily on the cost of living. Since Anthony Albanese was elected in 2022, bills have risen by up to $400 for some residents in NSW and up to $250 for some Victorians, defying federal Labor’s promise to cut bills by $275 in its first term.

The companies are getting too much cheap solar power and can't keep paying for it. So they don't. The windfall gain of profitable solar electricity forces prices up, sorry about that. The feed-in is called 'tariff' and we're great again by 10-20% or pick a number.

Chris Bowen, yet another Labor politician who's never had a job.

"Blimey, power prices in most states to go up above the inflation rate next July."

Of course they - and all the other utility privatised costs these days, will do so - they are, after all, the engine room of The Beast Of Inflation let loose upon a sleeping country... for the entire purpose of handing more and more public money into the hands of fewer and fewer - ultimately leading to another massive divide in this country - until either a new party comes along and sorts everything out - and given the conditions under which such a party would be forced to operate by that time - they will have to be 'extreme' of either left or right (no real difference - extreme government is the same regardless of its 'colour') and will be forced to do some terribly despotic things to restore order and civilisation.

Sadly - history shows us that once such a thing occurs, the addiction to power and despotism always over-rides what always began as an earnest attempt to improve conditions for all equally., and the New Civilisation falls into the same ruin.

Only the truly strong can wield power without malice ... and I don't see too many of those around, not in this frontier wild west country of anything goes as long as it turns a dollar and thus - according to the politicised pundits - the 'economy'.

Trickledown from all those non-taxpaying ventures - whether they be Leb of Indio or Offshore Parasite or Local Parasite or Blatant Criminal Organisation Parasite, ad infinitum, will take care of everything for us!!

It's all good!! Just a sign of a functioning economy.... I'd say.... oh... about as functioning as my heart was during cardiac failure coupla years ago.

Asutrilia - Teh Sramt Kuntree ...

What happened to the Albo/Bowels promise of $275 REDUCTION in power costs?

But once it’s privatised it will be cheaper!

Frank wrote on Mar 13^th, 2025 at 11:17am:

What happened to the Albo/Bowels promise of $275 REDUCTION in power costs?

Not looking good for Albo sneezy

albo_electricity_prices.jpg (75 KB | 10 )

Albo made this promise 97 times before he was elected

albo_liar_002.jpg (44 KB | 10 )

Huh! First the encouragement to get solar panels to save, and was up to .66 c return per kw or something like that.
Then it dropped like a hot potato and it’s down to what? 4 c or something?

And the next trick is raising Nat gas price to rid it… get everyone to go totally electric.

Then it’s all quiet now… about gas….

Oh and this new trick…. raising electricity prices……

Lucky candles and matches are still cheap ::)

The more people try to cut back and save… the longer the greedy arm of these CONglomerates become to take take take!

Politicians have been telling us powerful lies for years. It’s about to get worse
David Crowe

Updated March 13, 2025 — 10.39pmfirst published at 6.31pm

Australians have been misled about power prices for years – and the fake claims will get worse now the election campaign is so close.

The price rises unveiled on Thursday are proof of the deception because they show another spike in electricity bills after political leaders sounded so sure they could bring prices down.

The official price update from the Australian Energy Regulator shatters the grand claims about all the action in federal parliament to help households. The biggest claim – but not the only one – came from Labor before the last election.

Albanese was asked point-blank before the last election about his pledge to lower bills. Credit:Marija Ercegovac

Anthony Albanese was definitive about a $275 cut to energy bills, so he will have to carry the political cost of his promise now he is prime minister.

Albanese was asked point-blank about the $275 forecast when he announced the Labor energy plan in Parliament House at the end of 2021, when he relied on economic modelling to forecast that bills would be lower by that amount on average over three years.

“How sure are you that that $275 is robust when you’ve only got three years to deliver it?” a journalist asked. Was he really sure about the benefit?

“I don’t think, I know,” Albanese replied, borrowing a famous line French President Emmanuel Macron had uttered only a few months earlier.

His confidence was badly misplaced. Albanese has one excuse: the Russian invasion of Ukraine played havoc with oil supplies and energy prices worldwide. But this does not wipe away the obvious failure to add enough power to the electricity grid and ease pressure on prices.

If only Albanese was the sole politician to promise more supply and lower cost. But Angus Taylor, now the shadow treasurer, did the same when he was energy minister for more than three years before the last election.

Taylor had to reset government policy after the Coalition civil wars over the National Energy Guarantee and the Clean Energy Target, so he unveiled a Technology Investment Roadmap to lower prices. He was canny enough not to put a dollar value on the benefits.

Taylor also unveiled a $1 billion policy to invest in projects that would add 3.8 gigawatts to the grid – including six hydropower schemes, five gas projects and one coal-fired plant upgrade. In the end, the Underwriting New Generation Investment program did not add a single watt.

To be fair to Taylor, the Australian Competition and Consumer Commission found that annual costs to electricity retailers fell by 8 per cent from 2019 to 2021

But the outlook changed in early 2022, when regulators warned of higher prices. Taylor delayed the release of this information ahead of the election that year.

The political impact is easy to see: Albanese is under pressure to include energy bill subsidies in the March 25 budget to assure voters he is acting on prices. At the same time, Labor has to show it has results, not just another roadmap.

Default power bill prices since 2022
Average annual bill for each financial year

The latest tally shows the government has added more than 4 gigawatts of dispatchable power to the grid since the election, which means it has done more for supply in this term than the Liberals did in the last. Even so, this is not enough to stop the price hikes.

Australians are hearing yet more promises now the election is near. “Power prices will always be cheaper under a Coalition compared to Labor,” said the Opposition’s energy spokesman, Ted O’Brien. If only voters could believe it.

The energy grid is under immense strain. Nobody is willing to build a coal-fired power station, gas is costly. The Snowy 2.0 project is shockingly expensive and slow. There is plenty of solar and wind being built but it is not as reliable as coal. One option is to unlock more gas fields and build more gas-fired power stations but the community is divided on this. Australia appears to be incapable of a political consensus on the grid.

O’Brien has a huge problem with his promise. He cannot point to a Coalition policy that will make a difference to power prices in the next term of parliament. He and Opposition Leader Peter Dutton say nuclear is the answer, but this would require decades of work and an enormous cost.

This makes it difficult for the Coalition to reject the government’s energy bill subsidies in the same way Dutton voted against the last round of energy relief, when the government imposed controls on gas and coal supplies to try to cut the price of these key inputs.

No wonder Coalition MPs are impatient with the long wait for economic policies from Dutton and Taylor.

Albanese has a problem with his promises. Dutton has a problem with his policies. History tells voters to shrug their shoulders when either one of them offers big claims about energy prices.

https://www.theage.com.au/politics/federal/politicians-have-been-telling-us-powerful-lies-for-years-it-s-about-to-get-worse-20250313-p5lj91.html

Captain Nemo wrote on Mar 13^th, 2025 at 9:19am:

So in effect all those Govt handouts have been a WOFTAM.

A complete nothing as the price of electricity from all this free renewable power generations drives it higher and higher.

All hail the Church of the Climate Change Alarmists.

A bigger bunch of good phuks wasted the world has yet to see.

Sophia wrote on Mar 13^th, 2025 at 9:21pm:

Your mob in Victoria are thinking of allowing Energy companies to actually charge those with residential rooftop solar to export power into the grid.

Never mind only paying you 4c per kwh.

Would you be in that? I certainly wouldn't.

Over a decade of liberal party flip flopping on energy policy left energy companies unclear on where to invest in the future. These price hikes are a result of this

It will take another decade for labors good work to come through.

John Smith wrote on Mar 14^th, 2025 at 1:45pm:

;D Perish the thought.

In the mean time it will only take 7 years to build a nuclear power station.

Gnads wrote on Mar 14^th, 2025 at 1:50pm:

John Smith wrote on Mar 14^th, 2025 at 1:45pm:

;D Perish the thought.

In the mean time it will only take 7 years to build a nuclear power station.

I've got a beaut bridge you can buy for cheap

John Smith wrote on Mar 14^th, 2025 at 1:52pm:

Gnads wrote on Mar 14^th, 2025 at 1:50pm:

John Smith wrote on Mar 14^th, 2025 at 1:45pm:

;D Perish the thought.

In the mean time it will only take 7 years to build a nuclear power station.

I've got a beaut bridge you can buy for cheap

Don't need any snake oil sales pitches.

That's what climate change & renewables are.

Gnads wrote on Mar 14^th, 2025 at 1:54pm:

Don't need any snake oil sales pitches.

you've already perfected your pitch ehh

John Smith wrote on Mar 14^th, 2025 at 1:45pm:

One upon a time in the mist-riddled past of a land called Oz, energy suppliers were the government and all prospered instead of the parasites sitting at the top of their new privatised ventures... families and businesses could afford power and the nation grew as one and prospered generally as a result instead of far too much money and power increasingly concentrated into fewer and fewer hands... the culture had its faults - but the 'culture' that superseded it has no merits...

Time to take back the asylum ...

By the time a decade has passed - much of the 'renewables' will be up for replacement - renewal, you understand... clearly renewable in that they have to be replaced regularly.... to someone's perpetual profit cycle...

Just like super - all the raving and carrying on about its failure - without ever addressing the real issues involved, and adopting The Grappler Scheme - FIST - Federal INDEPENDENT Superannuation Trust - under one roof one size fits all by the same rules and conditions and a pile of money thus becoming available for loans to states and feds to generate REAL infrastructure and employment and such and a REAL future for Oz - it is now so entrenched in its 'diversity' that benefits some massively while most get BA - Buggar All - being on part-time casual over a lifetime or being in Tent Cities - that it is an absolute catastrophe benefiting some far to much and others not at all while leaving the country bust.

Clearly the Program is to create as many social divides as possible so as to guarantee the rise and rise of the New Elites - who have zero real interest in the common herd battling to make ends meet... the coming Neo-Serfs who will come to the castle gates to beg for a crust in the snow drifts.... and see the gates closed in their faces.

John Smith wrote on Mar 14^th, 2025 at 2:03pm:

Gnads wrote on Mar 14^th, 2025 at 1:54pm:

Don't need any snake oil sales pitches.

you've already perfected your pitch ehh

::)

Gnads wrote on Mar 14^th, 2025 at 1:50pm:

John Smith wrote on Mar 14^th, 2025 at 1:45pm:

;D Perish the thought.

In the mean time it will only take 7 years to build a nuclear power station.

Lol

Or maybe as little as two weeks.

https://www.youtube.com/watch?v=lJhHjACjJjA

The wholesale prices or electricity spot prices tell you a different story. The daytime rates are -2 cents/Kw and when the sun goes down its around 7cents/Kw. It may spike for about 5mins for a few dollars, about three times in a 30day period. So why are we forced to pay 45 to 59 cents/kw all the time? Think about the GST that sleasy picks up, and think of the 1000's of shops,1000's factories 1000's of houses etc all paying $1/per day, daily supply charge to these power companies who do nothing but collect millions of free cash and free energy!..They are all legal thieves. ;) ;)

Quote:

Electricity prices to rise yet again.

And it all goes back to privatisation.

I've got a beaut bridge you can buy for cheap

selling homeless shelters now? :D

lerche007 wrote on Jan 19^th, 2026 at 11:16am:

People are fooled by electricity prices. In the late eighties I worked in a coal fired power station and it cost 2c per k/w for us to produce. The consumer paid 9c after adding on cost of management. So the actual cost of producing was 22.2% of the full cost delivered. The other 78% was in supply.

The supply of coal fired electricity was cheap because you had very small infrastructure, 5 or 6 stations in a relatively small area so less transmission lines. One central control room run by a few workers could manage distribution and supply efficiently with few hiccups.

Today's market, the cost of managing distribution and supply has increased massively, so the major cost in your electricity bill the 78% bit is the one pushing up your electricity bills and not the cost of producing electricity.

People stupidly think coal powered electricity costs more to make because they pay more for coal power, you pay more for coal powered electricity because when renewables are not available the sellers of coal can ask for higher prices. There is a price difference what you pay for power and what the cost to produce actually is. Most people don't understand that and are easily swayed by fast talking politicians.

Australian Politics Forum
http://www.ozpolitic.com/forum/YaBB.pl General Discussion >> General Board >> Electricity prices to rise yet again. http://www.ozpolitic.com/forum/YaBB.pl?num=1741821551 Message started by Captain Nemo on Mar 13^th, 2025 at 9:19am