It was a Qld Govt initiative back in 2012 to make power more expensive for everyone but me.
Sadly it expires in 2028
Had a credit on every bill since,
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Thanks that will be my Xmas reading, a quick read indicates wind for example, does not include any storage cost, so power is there when you want it. But will have to read all 362 pages to confirm that impression.
Realistically people have an expectation of 24*7 power, and thats how comparitive costings should be done, not nameplate, regardless of technology.
I think things like that are what they lump under costs associated with connecting to a the grid by the various generation technologies which they say they don't include in LCOE.
There needs to be a means of storage to stabilise the grid's frequency and voltage when there are large amounts of power being generated by many thousands of tiny generation units all doing their own thing in response to their own micro-climates.
It's a problem now on WA's grid as the increase in residential solar has soared. The local generator (Synergy) is losing money hand over fist and the local distributor (Western Power) is facing rising costs having to adapt its grid to conditions it was never designed to handle.
My last electricity bill was $8, for the quarter. I don't pretend to know how it all works, but that's fine by me. Looking for someone to explain to me how a battery set up would work, before we consider going that way.
a big f u to everyone getting more feed in than me
The advice I'm getting is to delay on batteries by at least two years and instead put on more panels plus a 5kW inverter, which is the limit which can be put into the grid by households with single-phase power.
We're already in credit with 3.1 kW and a 15 cents feed in rebate and are about to double our panels to 6.5 kW with a 5kW inverter.
Solar system size limits: How much does your local network allow? - Solar Choice