For the last 16 months, the ACCC has been looking into the electricity industry, searching for the root causes of our high energy prices. That review has come up with 56 recommendations on how to "fix" the National Electricity Market. In their view, the reforms they're proposing could cut power bills down by as much as a quarter, depending on where you live.
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To reverse a popular Coles refrain, electricity prices in Australia are going "up, up, up" with seven out of 10 Australian households paying too much for electricity. To help you save, Choice have launched a new tool known as the Choice Transformer that can save consumers, on average, around $500 a year.
Traditional electricity generation has been built around large plants that create large volumes of power that are distributed over transmission and distribution networks to consumers. Even most of the large renewable generation assets work in the same way, although they use sustainable sources like the sun or wind rather that carbon-based sources that leave us with emissions and other problems.
The idea of a Virtual Power Plant changes that. Elon Musk and the Premier of South Australia are redefining the nature of power generation and distribution.
Every month or quarter a bill comes in from your electricity retailer. While some of that bill can be directly attributable to the volume of electrons that flow into your gadgets, household appliances, lights and other energy-eating devices, a good portion of it has nothing to do with your electricity consumption.
As well as electrons, that bill needs to pay for the infrastructure, meter readers, data management and other bits and pieces that make the power system work. Here's where the money goes.
You may have heard about Australian Chief Scientist Alan Finkel's review into Australia's electricity network. You may also have read about its implications on the industry or the environment, but you're probably still wondering what exactly it will mean for you and your electricity bill. Read on to find out everything you need to know about the Finkel review's blueprint for Australian electricity.
A key question amid the consternation over the current state of Australia’s east coast energy market has been how much renewable energy capacity to build, and how fast. But help could be at hand from a surprising source: electric vehicles.
By electrifying our motoring, we would boost demand for renewable energy from the grid, while smoothing out some of the destabilising effects that the recent boom in household solar has had on our energy networks.
I spent a decade working in the Australian energy industry. So last week's tweet by Elon Musk, that he could “fix” Australia’s power issues by installing enough battery powering 100 days was intriguing.
One of the major benefits of using one of the two models of Raspberry Pi Zero, including the new wireless model, is the lack of power consumption. This is handy for mobile projects where you're running off a battery. The addition of Wi-Fi draws a little extra power. Raspi.TV breaks down the specifics.
As we move into colder weather and the heaters come on, more households are at risk of 'bill shock' from their electricity bills. To counter this, Melbourne-based power company Sumo Power has introduced an 'unlimited' energy contract, or so to speak, providing as much energy as your household needs for one fixed price.
Back in May, 2015, we crunched the payback figures for the Powerwall, based on an assumed Australian cost and example electricity prices. Now there are local installed costs available, we have broken out the calculator and gone over the figures. The question is, can the Powerwall give a decent payback time?
Cutting back on electricity can save you some cash, but the savings vary. For example, unplugging an idle phone charge will only save you a few bucks per year. On the other hand, using an electric heater rather than gas could shave 70% off your heating bill. This chart tells you how much you'll actually save using a handful of different strategies.
Smart meters have taken us a step closer to "digitising" our power usage and making it easier to monitor just how much electricity we're using. CSIRO however is taking the concept further and in conjunction with app developer HabiDapt, is trialling software that will allow you to see the current power consumption of individual household appliances, along with a breakdown of usage costs, with the ability to turn them on and off remotely.
Origin Energy Limited has been ordered to pay $325,000 in penalties by the Federal Court for flouting Australian consumer law. The company was slugged with the fines for falsely advertising the level of discount customers would receive under one of its energy plans. Tch. Will electricity providers ever learn?