Our wholesale power prices are actually quite low. Residential power is expensive because rooftop solar is putting the economics of maintaining the grid into a death spiral.
Rooftop solar became popular because residential electricity prices were so high.
Look up gold-plating poles and wires.
The grid death spiral is a long way off. It's also something that could have been mitigated by the networks themselves if they'd had any economists worth their salt.
Please support your claim with some evidence. I worked in the contestable electricity distribution business for 8 years from 2001 to 2009 and I can assure that your claim is complete bollocks.
taneq|6 years ago
BLKNSLVR|6 years ago
Look up gold-plating poles and wires.
The grid death spiral is a long way off. It's also something that could have been mitigated by the networks themselves if they'd had any economists worth their salt.
phs318u|6 years ago