The illusion of choice with energy retailers

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Originally Posted by Ferret

No choice of supplier in Perth. Fit is pitiful ~7c. Too much solar and maybe not enough competition.

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That FIT is roughly the wholesale cost, so it's about right. Regardless of competition, the WA SWIS has more solar than it can use.

Until we get some viable energy storage happening it's going to remain a problem.

Quote:

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Originally Posted by Ferret

No choice of supplier in Perth. Fit is pitiful ~7c. Too much solar and maybe not enough competition.

Talking to our daughter in Texas (Houston) a while ago. They have choice of supplier there. They choose one that charges zero for electricity between the hours of 8pm - 6am, too much wind. Bought an electric car, charges o/night for free.

Don't know what the daytime rate is, maybe makes up the free stuff at night.

Interesting though, we need to maximise usage during the day. They need to maximise usage during the night.

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With my FIT it works for me to use all my appliances etc at night (buy in) as my export (FIT) is nearly double.

We do all laundry etc at night.