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by coffeecheque 4063 days ago
An interesting take, and good to read some skeptical views.

But the economies break down slightly if you are not paying 10c/kWh for electricity. In Australia we pay more than double that, even taking currency exchange into account.

Also, we have to pay a 70-80c AUD "connection charge" for the privilege of paying them for electricity.

Basically, while prices are falling slightly, they won't forever.

I agree that letting others take the risk early on, and hopefully push the storage price down, is a good move though.

1 comments

I've always opposed selling off NSW's state-owned electricity networks, because that will just lead to price rises in short order (well above the already-high cost of power). However, if storage plus home generation takes off, those networks are going to be worth pennies on the dollar, and we should probably sell them off as quickly as possible... then buy them back when the investors are ready to take a bath.
I had the exact same train of thought while reading the article. Taking a long term view it does make sense to flog them sooner rather than later.