Their refusal to keep the Port Augusta power station running for another three or four years has caused my power bill to go from 26.4 cents a kilowatt hour in January 2017, to 41.8 cents as of July 1.
The cost of now repairing the damage they have caused will be far greater than keeping Port Augusta going. “Turbo Tom” boasts with their new initiative power prices will go down. I believe he is telling porkies.
With a coal-fired station they can’t be started up or shut down at a minute’s notice, so when supply exceeds demand we should get cheaper electricity. With wind and solar power it can be turned on and off at a minute’s notice. Now if supply exceeds demand they just flick a few switches and that reduces the supply so the price is kept up.
Apparently, our government didn’t take this into account. The grab from the banks won’t help either. Self-funded retirees like my wife and me get very little interest from our bank
investments. If the bank cash grab goes through we will get even less. I rest my case.
Malcolm Butler, Poad Port Broughton