freediver wrote Today at 1:49pm:
https://www.premier.tas.gov.au/latest-news/2024/december/tasmania-continues-to-lead-the-nation-with-the-lowest-electricity-prices
Oh dear, a politician who does not lie?

"State-by-State Electricity Price Breakdown
Australia’s National Electricity Market (NEM) spans several states and territories, each with its own mix of generation sources, network infrastructure, and regulatory settings. Here’s an in-depth look at the average residential electricity prices (in cents per kWh) by state for the fiscal year 2024/25 and what is projected for the future:
Australian Capital Territory (ACT)
Current Price: Approximately 30 c/kWh
Projection: A steep decline of around 31% by 2034, with rates potentially falling to approximately 21–22 c/kWh.
Key Drivers: The ACT’s unique pricing structure is influenced by significant costs from its renewable energy feed-in tariff schemes, which are set to decrease dramatically as legacy contracts expire.
New South Wales (NSW)
Current Price: Roughly 25–28 c/kWh
Projection: A moderate decrease of about 14% by 2034, lowering rates into the low 20s c/kWh.
Key Drivers: NSW benefits from a balanced energy mix and robust market competition, which help moderate price declines over time.
Queensland (QLD)
Current Price: Approximately 28–30 c/kWh
Projection: Expected to decline by around 15% by 2034, leading to rates of 24–26 c/kWh.
Key Drivers: Queensland’s mix of renewable and traditional fossil fuel generation, combined with steady network investment, drives these projected savings.
South Australia (SA)
Current Price: Close to 30 c/kWh
Projection: Similar to QLD, SA is forecast to experience a 15% decline by 2034, with prices settling in the mid-20s c/kWh range.
Key Drivers: SA’s past higher prices are influenced by intermittent renewable generation, but upcoming infrastructure improvements are expected to yield cost reductions.
Victoria (VIC)
Current Price: Among the lowest, around 22–23 c/kWh Projection: A smaller decrease of about 9% by 2034, keeping rates in the low 20s c/kWh.
Key Drivers: Victoria’s efficient energy generation and distribution network, along with competitive retail markets, help keep prices low.
Tasmania (TAS)
Current Price: Approximately 26–27 c/kWh Projection: A unique case where prices are expected to increase slightly by about 6% by 2034, reaching the upper-20s c/kWh.
Key Drivers: Tasmania’s reliance on hydroelectric power and its smaller, more isolated grid contribute to its divergent trend.
Source: AEMC 2024 Residential Electricity Price Trends Report
https://www.electricityprovider.com.au/electricity/blogs/what-is-the-price-of-el...