2014-09-30_06-59-23

Thanks to solar, Australia has the cheapest electricity in the developed world | Business Spectator

Back in 2012, energy market and regulatory analyst Bruce Mountain broke the bad news that thanks largely to network business gold plating not the carbon price, Australia was about to end up with the most expensive retail electricity prices in the developed world.But while this was happening a revolution was unfolding in the affordability of solar power systems. Rather fortunately for Australia, we are one of the best positioned nations to take advantage of this revolution. Hugh Bromley, an analyst at Bloomberg New Energy Finance, provided an illuminating presentation at the Australian Solar Council conference explaining how Australia has the most affordable solar systems in the developed world.Once you do the sums it indicates that Australian households and small businesses now have access to some of the cheapest electricity in the developed world

via Thanks to solar, Australia has the cheapest electricity in the developed world | Business Spectator.