Green Energy
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Green Energy
Energy market Reforms Argued
The Clean Energy Council (CEC) has argued that energy market reform is crucial to keeping power prices down.
In its submission to the Senate Select Committee on Electricity Prices, the CEC has argued that rules that underpin how the electricity industry delivers power to consumers do not reflect the need of consumers or the changing needs of the energy system.
“Australia, along with many other developed countries, is experiencing significant electricity price increases, with very real consequences for vulnerable households and businesses,” said CEC Chief Executive David Green.
“It’s great news that the cost of moving to a more equitable and cleaner future for Australia is set to fall to less than 4 per cent of bills by 2020. Getting the framework right to ensure network costs do not reach the forecast 55 per cent of an Australian household energy bill is now essential,” said Mr Green.
The CEC has also argued that the National Electricity Objective does not adequately represent the needs of electricity bill-payers, long-economic factors of the need for environmentally sustainable development.
Reform of the National Electricity Objective will allow the long-term interests of consumers to have far greater weight with regulatory decision makers,” Mr Green said.
“Now we need to get on with the job of making real changes to Australia’s energy market that will deliver actual benefits to consumers in the form of more money in their pockets.”
The CEC’s submission to the Senate Select Committee on Electricity Prices is available online at cleanenergycouncil.org.au/policyadvocacy/Submissions/current
Brought to you by.. Green Energy WA
- Pm Gillard On Surging Power Prices
As Prime Minister Julia Gillard addressed the Energy Policy Institute of Australia (EPIA, she likened the surging costs of household power bills to petrol prices.. Ms Gillard accepted that prices of energy had increased at unprecedented levels,...
- Power Pricing Surge
Charges 70 per cent higher than the American average A figure that will grow to 160 per cent in two years Exposes myth that Australian electricity is relatively cheap AUSTRALIANS pay 130 per cent more for electricity than Canadians, according to new...
- The Truth Finally Surfacing
Electricity prices to rise 37% – solar power only a bit playerA report from the Australian Energy Market Commission (AEMC) estimates residential electricity prices are projected to jump by 37 per cent in nominal terms on average by 2014....
- 80,000 South Aussies Switch On To Solar
A new report from the Essential Services Commission of South Australia (ESCOSA) estimates 80,000 electricity customers in the state will have installed solar panels by December this year. This figure represents around 10% of all small electricity customers...
- Australian Carbon Tax Not Too Burdensome On Energy Bills - Origin Ceo
By Ross Kelly Published Dow Jones Newswires SYDNEY -(Dow Jones)- Australia's carbon tax won't have a significant impact on the country's household electricity prices, which will remain competitive with those in other developed countries, the...