The Clean Energy Regulator (CER) says payback time will likely get even better in 2023 in their latest report. “If retail energy prices increase next year to the level some predict, the average payback period for a rooftop solar system could decline from about 4 years to 3 years.”
With big price increases ahead many retailers are closing the door to new customers until further notice. In under a month, the number of power providers with market offers has halved. As of 17th Mar 2023, over twenty-five electricity retailers have removed their market offers in NSW and QLD.Â
At least ten electricity retailers have told their customers that a huge price increase is on the way. It’s so big that many of these retailers have advised customers to find a cheaper deal elsewhere. It’s one more example of how severe the looming energy price surge is.
Last week the Australian Energy Regulator and Victoria’s Essential Services Commission released their pricing for 2022-23. It’s not the stable pricing both predicted last year. It’s just another sign of the big jump in power prices.
Australia’s energy prices have been falling for the last four years, but that’s about to change. Like the jump in petrol prices earlier this year, households will see a steep rise in electricity bills – up to 25% or more in some States.
The 2022 Green Electricity Guide is here. The report is compiled by Greenpeace and ranks the environmental credentials of 48 Australian electricity retailers. Since the Guide was last updated in 2018, there’s been more than a few changes. How are retailers’ Green credentials ranked? Energy providers are scored based on survey
Electric vehicles have so many advantages over cars powered by internal combustion engines (ICE). While the instant acceleration, lack of tailpipe emissions and low energy costs are well-known, there are plenty more. Here are nearly 70 reasons why driving an electric vehicle beats a conventional ICE vehicle: Performance 1. Better
Shell announced on Monday 22nd November that it would take ownership of energy retailer Powershop Australia. Many of Powershop’s 185,000 customers loved the retailer’s focus on renewables – so it’s no wonder people are up in arms.
As most solar owners know, solar feed-in tariffs (FITs) have continued to fall in 2021. This article explains why that has happened, why this will continue, and most importantly, what solar owners can do about it.
According to the latest report by the Australian Energy Market Commission (AEMC), residential electricity prices will continue to fall. Here’s the power price outlook.
The latest report from the Australian Energy Council (AEC) shows that rooftop solar has become the second-largest generator of electricity in our country. That’s because households with solar now provide a whopping 14.7 gigawatts (GW) of capacity.
Rooftop solar is now the second biggest generator of electricity in Australia, pushing down the cost of power. But what about the 7 million households who don’t have solar? Here’s how the new so-called ‘solar sponge tariffs’ enable anyone to get on board with cheaper daytime electricity.