Andrew Richards, head of external affairs at Pacific Hydro, said the RET added about $40 a year to average household power bill. This, he said paled into insignificance against recently approved gas price rises in NSW which will add up to $240 a year to the average household bill. “Let’s keep things in perspective. Changing the RET to lower energy prices is mucking around in the shallow end of the pool,” he said. “If you really want to tackle energy prices, there’s bigger fish to fry.” Russell March, policy director for the Clean Energy Council, said the lower prices forecast by the ACIL Allen report would, over the long term, “support tens of thousands of new jobs and billions of dollars in investment, with many of these benefits flowing into regional areas where clean energy projects are located”. “The alternative to the RET is to get more of our electricity from gas-fired power, which is predicted to triple in price this decade. A spokesman for Senvion, which has built and operate about one third of the nation’s wind farms, said: “We’re all concerned about keeping power pieces low and if the RET is left alone, people’s power bills will be cheaper by 2020 than if you cut or lower the RET target.” “ACIL has found the average household power bill will drop $56 if left to run it’s course.” afr/p/national/abbott_slams_green_power_industry_nvaXoRjQCIZARcNBoBxKfO
Posted on: Thu, 03 Jul 2014 10:36:50 +0000
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