Thread: Big storm and no power in SA

Solar certificates don't cause rising prices. Rising prices are caused by electricity generators charging more

Huh?
My understanding is that RETAILERS have to buy Small Scale RECs from the fitters of rooftop solar.
The retail price of electricity does not have a direct relationship with generation cost or South Australians would be paying $14000 per Mwh at times which would be something to behold.

So the RECs are priced into the retail margin for power, along with generation cost, distribution costs , so consumers pay.

I don't know of any economic system that can say Shazam the $1.3 billion just disappears.

Regards Philip A

Originally Posted by donh54

Down to the Op-shop, buy extra jumpers and doonahs - no problems.

yeah no. already look like the mitchlin man

Originally Posted by donh54

I could be barking up the wrong windmill here, but aren't solar and wind energy only cheaper because they're subsidised?

That used to be true but solar and wind prices have broken through grid parity and don't look like stopping any time soon.

Originally Posted by PhilipA

I don't know of any economic system that can say Shazam the $1.3 billion just disappears.

Regards Philip A

The military for one, mining, super, banking, the stock market too. $1.3B is small change for a country these days.

Originally Posted by Eevo

yeah no. already look like the mitchlin man

Whenever you feel cold, just go out and chop some firewood. You won't need to burn it 'cos you'll be feeling too warm.

Originally Posted by bee utey

Whenever you feel cold, just go out and chop some firewood. You won't need to burn it 'cos you'll be feeling too warm.

Old saying - "Chop your own firewood, and it will warm you twice!"

Originally Posted by bee utey

That used to be true but solar and wind prices have broken through grid parity and don't look like stopping any time soon.

This from a fellow who says:

Originally Posted by bee utey

I believe solar subsidies fade the curtains too....

I don't believe either statement.

Originally Posted by Mick_Marsh

I don't believe either statement.

I'm sure you can dig up some years-old data to support your lacking belief.