The "green" reality behind the huge NSW electricity price rises

The NSW government faces rapidly increased demand due to the Federal government's breakneck intake of immigrants so how are they going to cope with that? Increase the supply by building more power stations? No way! The Greenies would have a fit and would block construction until Kingdom Come.

So the government is going to cut down demand. How? By making electricity so dear that most families will be forced to use less of it -- which will have the Greenies rubbing their hands with glee. And the whole process will be repeated to some degree nationwide, depending on how much reserve capacity each State has

BIG businesses in NSW have been spared the crippling 64 per cent increase in power bills that families and small businesses will be forced to pay.

The NSW State Government has even set the terms of reference for independent body that oversees regulation in the power industry so that the hefty rise does not even apply to itself, The Daily Telegraph reports.

Big businesses such as mining company Cadia Valley Operations, which uses almost 1 per cent of the state's power, and power-guzzling supermarkets Woolworths and Coles will also be unaffected by the electricity price hike.

Meanwhile, families in NSW will be paying up to $918 extra a year on their power bill.

Power for the Government buildings and big businesses is set through a competitive contract, meaning bureaucrats and businesses can secure the cheapest deal.

Around the nation, the price of electricity is also likely to keep rising, the Federal Government says. In an opinion piece last month, the Federal Minister for Resources, Energy and Tourism, Martin Ferguson, admitted that hikes to electricity prices are inevitable.

He put this down to the costs of "increased investment in electricity networks, investment that is critical to guarantee supply reliability."

Mr Ferguson added: "The fact is, state and territory regulators are now fronting up to necessary price increases, most recently the Independent Pricing and Regulatory Tribunal (IPART) in NSW...and earlier in Western Australia."

In NSW, IPART granted the state's three electricity retailer-distributors average annual price rises of between $557 and $918 per household.

The Western Australian Government announced last year that electricity prices would increase by about 18 per cent. Other states would face increases of a similar magnitude, an expert told ABC.

"You would expect that all of the states should pay a similar price," International Energy Consultants managing director, John Morris, said. "There'll be variations from state to state, maybe plus or minus 5 or 10 per cent."

NSW Energy Minister John Robertson said yesterday households were free to select an electricity retailer and negotiate a better price with a different retailer in the same way big business could.

Opposition Energy spokesman Duncan Gay said the benefits for homeowners in switching retailers was only tiny and that they were being punished more by the increase than were big business and the government sector.

"Imagine the outcry there would be if shoppers could only choose between shopping at Woolworths or Coles," Mr Gay said.


Posted by John Ray (M.A.; Ph.D.). For a daily critique of Leftist activities, see DISSECTING LEFTISM. To keep up with attacks on free speech see TONGUE-TIED. Also, don't forget your daily roundup of pro-environment but anti-Greenie news and commentary at GREENIE WATCH . Email me here

1 comment:


    Green Nukes.


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