June 9, 2020
...AND CHEAPER...:
ACT electricity prices to drop after reaching 100% renewable target (Michael Mazengarb9 June 2020, Renew Economy)
ACT households are set to enjoy an average 2.56 per cent drop in electricity prices from 1 July, after the national capital succeeded in reaching its 100 per cent renewable electricity target.The new electricity price determination from the Independent Competition and Regulatory Commission (ICRC) for 2020-21 said that falling wholesale electricity costs driven by increased uptake of renewables, combined with the falling cost of the renewable energy certificates, contributed to the fall in electricity prices.
Posted by Orrin Judd at June 9, 2020 12:00 AM