Originally posted by SASKFARMER3
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Even without subsidies it is about 8 cents per kwh vs 11.8 cents for farms currently. in 10 years the farm rate will be 15 cents or more??. What rate will you be paying in 20 or 30 years? A lot more than now!
The solar rate is 8 cents per kwh locked in over its estimated lifetime of 30 years. It makes economic sense now.
Renewables help bring down the cost of electricity in Australia because it is cheaper than much of their gas system.
"It found that even though South Australians were paying the highest average bills in the world, wind and solar generation in South Australia actually brought wholesale prices down — and by far more than the subsidies paid for them.
It found that in the 2017–18 financial year, renewables reduced wholesale prices by an average of about 30 per cent, or about $37 per megawatt hour, mostly due to wind generation."
They also deregulated their system years ago. Now they are paying for a lack of regulation with private companies charging whatever they want.
You can't blame the producers of consumer items in China for the consumption patterns of consumers in other countries! If there was no market they wouldn't be able to sell all the crap.
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