The Future of Energy Prices – They are going up!
Are your energy bills going to get smaller?
Want to know why?
Your electricity bill is mostly made up of:
- the cost of generating your energy; and
- the cost of delivering that energy to you along the poles and wires.
The problem is that our poles and wires in Australia are gold plated – not literally gold plated – they’ve been overbuilt and cost a lot to run.
The good news is that more wind and solar are being built everyday, giving us more competition in the energy market, so the price of energy will reduce.
We’re starting to see that happen already.
But, because the network needs to accommodate all the new wind and solar around the place, the cost of delivering the energy to you using the poles and wires is increasing.
Those costs are being passed on to you.
The bottom line
Your electricity bill isn’t likely to go up drastically in the immediate future.
But, it’s not coming down, either.
Want to avoid network costs altogether? Get rooftop solar with Snowater and we’ll get a ‘yes’ from your landlord.
We’re a clean energy technology company that’s disrupting the big energy companies, so you get cheaper power.
Our energy is 100% renewable.