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> General consumer prices went down What now? Where in Australia have consumer prices gone down? > because of a reduction in peak electricity use driving up
by perpetuallunch 2mo ago
> General consumer prices went down
What now?
Where in Australia have consumer prices gone down?
> because of a reduction in peak electricity use driving up retail costs
I don’t understand what you’re trying to day here.
- ZeroGravitas 2mo agohttps://www.abc.net.au/news/2026-05-26/power-prices-fall-in-latest-dmo-release/106718250 https://www.abc.net.au/news/2026-05-26/power-prices-fall-in-... > Power prices to fall for most customers, with bigger drops for businesses > What is driving [lower prices] is a reduction in the cost of producing electricity. We've seen a lot more batteries and solar systems come into the electricity market in the last 12 months. They've been making the market much less volatile," Ms Savage said. > "We've not needed as much gas and hydro generation in the evening peaks, and that's what's really cut that cost of wholesale generation."
- perpetuallunch 2mo agoThat is an article about a prediction, not actual data about a drop in price. An article from a month and a half in the past. Still waiting.
- ZeroGravitas 2mo agoThe new prices went live on the 1st of July the reporting was at the date they were announced: https://www.aer.gov.au/news/articles/news-releases/aer-releases-final-default-market-offer-2026-27 https://www.aer.gov.au/news/articles/news-releases/aer-relea...
- AneBytree 2mo agoRE "....consumer prices went down...." A bit misleading comment .. Yes , but after prices went up from renewables
- perpetuallunch 2mo agoYep, exactly. Due to the deranged Net Zero policies of successive Australian federal and state governments, Australia have experienced skyrocketing electricity prices, so any small decrease in residential and industrial prices now is effectively a shit sandwich.