Renewable energy can cut power prices
WE’RE all feeling the pain of increased power prices.
That’s something Shadow Energy Minister David Southwick and Tim McCurdy ( MLA, Ovens Valley) get right in the recent article, ‘ Cold reality of power prices’ ( Wangaratta Chronicle, Friday, August 31).
But when it comes to the causes of price rises and solutions it’s important to make sure the community is getting the facts.
Energy analysts will tell you that the exit of old coal power plants and high gas prices are the real cause of bloated bills.
The Australia Institute’s Electricity Costs report shows prices have increased at three times the rate of inflation because retailers