{"id":3664,"date":"2014-05-22T15:05:36","date_gmt":"2014-05-22T05:35:36","guid":{"rendered":"http:\/\/www.solarquotes.com.au\/blog\/?p=3664"},"modified":"2017-04-20T12:46:20","modified_gmt":"2017-04-20T02:16:20","slug":"energy-costs-going-wouldnt-know-youre-still-traditional-grid","status":"publish","type":"post","link":"https:\/\/www.solarquotes.com.au\/blog\/energy-costs-going-wouldnt-know-youre-still-traditional-grid\/","title":{"rendered":"Energy costs are going down, but you wouldn&#8217;t know it if you&#8217;re still on the traditional grid."},"content":{"rendered":"<div id=\"attachment_3665\" style=\"width: 660px\" class=\"wp-caption aligncenter\"><a href=\"https:\/\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2014\/05\/energy-down.jpg\"><img decoding=\"async\" aria-describedby=\"caption-attachment-3665\" class=\"size-full wp-image-3665\" src=\"https:\/\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2014\/05\/energy-down.jpg\" alt=\"confused man and pylons\" width=\"650\" height=\"433\" \/><\/a><p id=\"caption-attachment-3665\" class=\"wp-caption-text\">Huh? Energy Prices Are Going Down?<\/p><\/div>\n<p class=\"p1\">How much of that quarterly\u00a0cheque you cut to your local electricity\u00a0supplier is actually paying for the energy you use?\u00a0 According to a new <a href=\"http:\/\/www.abc.net.au\/radionational\/programs\/backgroundbriefing\/2014-04-27\/5406022\" target=\"_blank\">scathing <span class=\"s1\">news story from ABC <\/span><\/a><span class=\"s2\">and confirmed with data from the Federal Treasury<\/span>, <b>under half<\/b>.\u00a0 Surprisingly, 51% of your monthly payment is, in fact, going to fund the unnecessary rebuilding of a now bloated Australian power grid. \u00a0<!--more--><\/p>\n<p class=\"p1\">A major public relations push from giant network energy companies in the mid 2000\u2019s had the Australian government believing that a massive influx of new demand for energy would occur by the turn of the decade.\u00a0 This demand would, according to the energy company lobbyists and executives, render the current power grid incapable of sufficiently providing energy to the public.<\/p>\n<p class=\"p1\">As a result, 45 billion dollars worth of improvements to the grid were approved by government regulators.\u00a0 Private contracts, including a clause for a ten percent return on investment from the network companies (if you\u2019re doing the maths, that\u2019s nearly half a billion dollars of profit), were drawn up and the colossal upgrade projects began.\u00a0 But what happened in 2009 shocked everyone.\u00a0 Including the energy companies.\u00a0 Demand for energy actually <b>went down<\/b>. The highly-touted scare of an insufficient energy grid turned out to be a snipe hunt.\u00a0 Even when it became abundantly clear that demand for energy was going down, the corporate PR machine was firing on all pistons to make the governing body and the people believe that the upgrades were absolutely necessary.<\/p>\n<p class=\"p1\">The problem?\u00a0 They absolutely were not.<\/p>\n<p class=\"p1\">When they finally realized the massive waste, it was too late.\u00a0 The work was already in process and the contracts were already signed.\u00a0 The grid-using public was left powerless to protest.\u00a0 And now the grid-using public is paying for it\u2026with a half a billion dollars worth of interest.<\/p>\n<p class=\"p1\">That cheque you write quarterly?\u00a0 A big chunk of it is going to useless poles and wires strung up in a giant tangled mess all across the country.\u00a0 And, perhaps more infuriating, <b>ten percent<\/b> of that monthly payment is going straight to the pockets of companies that sold the country on a phantom energy grid crunch.<\/p>\n<p class=\"p1\">The Australian public pays some of the highest energy costs in the world.\u00a0 And now we know why.<\/p>\n<p class=\"p1\">But there\u2019s a very large thorn in the side\u00a0of the behemoth energy corporations that\u2019s wreaking havoc on the traditional power grid system.\u00a0 An unintended consequence of the exorbitant energy prices tacked on to the public\u2019s bill is something the network companies are now railing against; throwing their money (actually, the public\u2019s ill-gotten money) at in bushels to try to suppress.\u00a0 That thorn\u00a0in the side?\u00a0 <b>Solar Power<\/b>.<\/p>\n<p class=\"p1\">As traditional power became more and more expensive, Australian consumers began to turn to <a title=\"solar panels\" href=\"https:\/\/www.solarquotes.com.au\/panels\">solar panels<\/a> to alleviate the ever-growing hole in their pocket book.\u00a0 In fact, there are now 1.2 million households that get their power from their own roofs.\u00a0 Solar energy has empowered these families to not only take control of their energy production, but to actually sell the excess power they generate back to the grid.\u00a0 Talk about a massive spanner\u00a0in the works\u00a0of the energy monoliths.\u00a0 Their dishonest profit-gouging has done exactly the opposite of what they\u2019d hoped it would do.\u00a0 It\u2019s pulled back the curtain and shown the public the better option.<\/p>\n<p class=\"p1\">The big secret?\u00a0 Not only is solar power cheaper and more efficient but it\u2019s also environmentally friendly and socially ethical.\u00a0 With a country that receives as much daylight as Australia, it\u2019s really a no-brainer.\u00a0 Peak daylight production hours for solar energy also happens to fall at the exact same time as peak usage hours.\u00a0 During the sweltering days when most Australian families are turning on their air-conditioners, solar panels are pumping excess energy back into the grid.\u00a0 This ultimately reduces the value of the power generated by the coal-firing energy plays.\u00a0 In fact, in the last few years alone, a number of coal-fired energy plants have been shut down completely as they are no longer needed to sustain the country\u2019s energy use.\u00a0 Why?\u00a0 Because natural and renewable sources of energy like solar are sustaining the country\u2019s demand.<\/p>\n<p class=\"p1\">The Energy Supply Association of Australia which speaks on behalf of the traditional energy industry is now heavily lobbying the government to <a title=\"Tony Abbott and the RET\" href=\"https:\/\/www.solarquotes.com.au\/abbott.html\">reduce the\u00a0 Renewable Energy Target<\/a>, or RET, which is a renewable energy standard the country has been vying to hit for years.\u00a0 Why?\u00a0 Because that target is hitting these corporations in the pocket book as solar power and processes like it are becoming more and more viable.\u00a0 The same companies that scared the public in to investing billions of useless dollars in to an unnecessary grid upgrade, and thereby profiting exponentially, is now complaining that they&#8217;re not profiting enough post-grid upgrade.<\/p>\n<p class=\"p1\">Yes.\u00a0 You read that right.<\/p>\n<p class=\"p1\">Energy production is being decentralized, the price is going down, and the ones who stand to lose the most money are the same companies that gouged the public to begin with.<\/p>\n<p class=\"p1\">What\u2019s that they always say about karma?<\/p>\n","protected":false},"excerpt":{"rendered":"<p>How much of that quarterly\u00a0cheque you cut to your local electricity\u00a0supplier is actually paying for the energy you use?\u00a0 According to a new scathing news story from ABC and confirmed with data from the Federal Treasury, under half.\u00a0 Surprisingly, 51% of your monthly payment is, in fact, going to fund the unnecessary rebuilding of a [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[54],"tags":[65,47,397],"class_list":["post-3664","post","type-post","status-publish","format-standard","hentry","category-solar-policy","tag-carbon-tax","tag-electricity-prices","tag-politics","entry"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.2 (Yoast SEO v27.2) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Energy costs are going down, but you wouldn&#039;t know it if you&#039;re still on the traditional grid. - SolarQuotes Blog<\/title>\n<meta name=\"description\" content=\"How much of that quarterly cheque you cut to your local electricity supplier is actually paying for the energy you use? The answer may shock you.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.solarquotes.com.au\/blog\/energy-costs-going-wouldnt-know-youre-still-traditional-grid\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Energy costs are going down, but you wouldn&#039;t know it if you&#039;re still on the traditional grid.\" \/>\n<meta property=\"og:description\" content=\"How much of that quarterly cheque you cut to your local electricity supplier is actually paying for the energy you use? The answer may shock you.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.solarquotes.com.au\/blog\/energy-costs-going-wouldnt-know-youre-still-traditional-grid\/\" \/>\n<meta property=\"og:site_name\" content=\"SolarQuotes Blog\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/SolarQuotes\/\" \/>\n<meta property=\"article:published_time\" content=\"2014-05-22T05:35:36+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2017-04-20T02:16:20+00:00\" \/>\n<meta property=\"og:image\" content=\"http:\/\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2014\/05\/energy-down.jpg\" \/>\n<meta name=\"author\" content=\"Finn Peacock\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@FinnPeacock\" \/>\n<meta name=\"twitter:site\" content=\"@solar_quotes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.solarquotes.com.au\/blog\/energy-costs-going-wouldnt-know-youre-still-traditional-grid\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.solarquotes.com.au\/blog\/energy-costs-going-wouldnt-know-youre-still-traditional-grid\/\"},\"author\":{\"name\":\"Finn Peacock\",\"@id\":\"https:\/\/www.solarquotes.com.au\/blog\/#\/schema\/person\/495c35fb3086e6ef93220dcf2472b178\"},\"headline\":\"Energy costs are going down, but you wouldn&#8217;t know it if you&#8217;re still on the traditional grid.\",\"datePublished\":\"2014-05-22T05:35:36+00:00\",\"dateModified\":\"2017-04-20T02:16:20+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.solarquotes.com.au\/blog\/energy-costs-going-wouldnt-know-youre-still-traditional-grid\/\"},\"wordCount\":876,\"commentCount\":1,\"publisher\":{\"@id\":\"https:\/\/www.solarquotes.com.au\/blog\/#organization\"},\"image\":{\"@id\":\"https:\/\/www.solarquotes.com.au\/blog\/energy-costs-going-wouldnt-know-youre-still-traditional-grid\/#primaryimage\"},\"thumbnailUrl\":\"http:\/\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2014\/05\/energy-down.jpg\",\"keywords\":[\"Carbon Tax\",\"Electricity Prices\",\"politics\"],\"articleSection\":[\"Solar Policy\"],\"inLanguage\":\"en-AU\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.solarquotes.com.au\/blog\/energy-costs-going-wouldnt-know-youre-still-traditional-grid\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.solarquotes.com.au\/blog\/energy-costs-going-wouldnt-know-youre-still-traditional-grid\/\",\"url\":\"https:\/\/www.solarquotes.com.au\/blog\/energy-costs-going-wouldnt-know-youre-still-traditional-grid\/\",\"name\":\"Energy costs are going down, but you wouldn't know it if you're still on the traditional grid. - SolarQuotes Blog\",\"isPartOf\":{\"@id\":\"https:\/\/www.solarquotes.com.au\/blog\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.solarquotes.com.au\/blog\/energy-costs-going-wouldnt-know-youre-still-traditional-grid\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.solarquotes.com.au\/blog\/energy-costs-going-wouldnt-know-youre-still-traditional-grid\/#primaryimage\"},\"thumbnailUrl\":\"http:\/\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2014\/05\/energy-down.jpg\",\"datePublished\":\"2014-05-22T05:35:36+00:00\",\"dateModified\":\"2017-04-20T02:16:20+00:00\",\"description\":\"How much of that quarterly cheque you cut to your local electricity supplier is actually paying for the energy you use? 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