Equitist wrote on Mar 14
th, 2011 at 10:48am:
With approved NSW power price increases in the order of 36% over the next 3 years, I would suggest that the solar payback period would shorten considerably - hence I regret that I didn't go solar 5 years ago (I really should have challenged the advice to convert to 3-phase)...
There is great irony in your statement.
THe NSW has also jsut approved 2 new coal fired power stations on the NSW coast.
If coal is so cheap, why is there such an increase in power prices planned?
The Coal fired power industry is not like Victorian brown coal sector which was privatised by the Kennett government in the late 1990's.
ANd when I say provatised I mean FOREIGN OWNED,
So an increase in power prices means higher profits which means more money flooding out of this country.
NSW will also privatise its black coal sector - only a matter of time
If there is a dumber country than Australia I would like to know where in the world it is