Rising electricity prices in Perth WA Australia: A Threat

From the past few years, the rise in electricity costs can be experienced by the Australian people and it is also expected that this continuity in price rise will remain over the next year. For so many years, the power generated through coal power plants has been the primary source of power for the Western Australian people. And it is a fact that over time, they will become unreliable and expensive for the people to utilize it and hence it will result in increased electricity bills. Australia has been very unfortunate as it does not have sufficient coal plants to fulfil all the electrical needs for the future. 

Australia is one of the largest countries and so it has one of the longest electricity networks in the world. It is quite expensive to maintain all the wire connections and poles so as to supply electricity all around and it may cost half of your power bills. 

The Australian Renewable Energy Agency has stated that the reason behind the rising electricity costs is the increase in network charges. The network charges often include the money spent on connection wires and poles that carry electricity from the plants and provide it to your homes. 

Possible reasons behind price rise: Clean Energy Council

There is a number of factors that contribute to price rise. Some of the factors outline by The Clean Energy Council are:

  • There is a lack of national energy policy beyond 2020. Accordingly, businesses do not have the necessary certainty so as to invest in the new infrastructure. This new infrastructure is much needed to replace the old power plants as they are retiring over time. 

  • Charges have been increased by the energy providers. 

  • There is less gas availability for local companies as they have been exporting it and thus making it more expensive.  

  • There are several old coal-fired power stations that are retiring and yet there are not sufficient new power generations available to replace them. 

  • Different self-made plans by some power plant operators in the electricity market and there are not such competitions available to reduce prices. 

  • Lack of information provided to the customers makes them confused and difficult to explore the options they have available in the market. This reduces the chances to make smart decisions. 

What should be done to overcome these rising electricity bills? 

The very first thing we can do so as to reduce the electricity cost is to manage our electricity peak demand timings. This actually means turning off your appliances when it is not required or also you can do your laundry during the off-peak timings. The best way to resolve these rising electricity costs is to install a solar power system for your home. This will eventually help you in reducing your electricity bills and save more. This investment has a great return and helps you to get your own generated electricity so that you can use it accordingly and save it for further use as well.  

If you will go for retailers or regulators, they already suggest the best plans to maintain a stable grid but this will not work for the grassroots level. You can also contribute to saving more on electricity bills by just installing solar panels and battery storage to your solar power system. 

As we can see in Australia, rooftop solar panels have already played an important role in managing the peak electricity demands. 

It can be seen that the cost of all three fossil fuels, that is coal, oil and natural gas are fluctuating in the market and can be expected to rise in coming years. So, homeowners may experience a rise in electricity prices as well. The solution to this is solar panel installation. With the installation of solar panels, you will be protecting yourself from paying more on electricity bills as you will be free and producing your own electricity. 

CONCLUSION

Yes, installing a solar panel system requires an investment but this up-gradation is totally worth it for your homes or business. If you are thinking of solar, just get in touch with Future Solar WA and we will provide you with the best quotes and help you with hassle-free installation services. The best fact about switching to solar is it reduces the carbon footprint making the environment cleaner. 

Comments

Post a Comment

Popular posts from this blog

The Importance of a Quality Solar Battery

Image
The biggest challenge faced by the solar power system is the nighttime. It is a fact that solar panels in Perth WA require sunlight to generate electricity as the panels absorb sunlight through the photovoltaic cells. There is always a limit to a solar energy system of producing electricity. This also indicates that they work during the day when they actually absorb the sunlight. But due to several advancements in the technology field, now there are solar batteries that store the excess electricity which is produced during the day. In a year, Perth gets an average of hours of sunlight in a day. So after those hours, the homes get electricity through these solar batteries in Perth . Storing Solar Power The best thing about solar batteries is that now you can use electricity even at nighttime when you are actually not producing electricity. They have the maximum efficiency in storing your energy and give better performances well. With the help of solar batteries in Perth WA manufacture...
Read more

WHY YOUR SOLAR SYSTEM STOPS GENERATING ELECTRICITY

There can be many reasons why your system is not responding properly. So here we will discuss the most common reasons why your system slows down. Below are the mentioned issues that might occur in your system, leading to the slow generation of electricity or stopping the system. 1. Shade might be Covering Your Solar Panels As we all know solar panels are set in an open space to absorb sunlight, so there are chances that the tress that grows near the panels may hamper the panels from getting proper sunlight. This will eventually reduce your system’s performance.  So always check that there is no shade covering your panels and make necessary cuts.  2. Dirt on Solar Panels Solar panels are cleaned itself when there is rainfall but it requires to be cleaned over some time. It may get dirty at times due to bird droppings, tree sap, leaves, and other elements. So it needs to be cleaned properly to maintain the efficiency of the panels. If you ever found that your panels have dust on...
Read more

Top 5 Solar Installation companies in Perth WA

Future Solar WA Future Solar WA provides the best solar installation services in Perth WA. Their first priority is customer satisfaction and building strong relationships with customers. They provide the world’s best brands of panels, inverters, and batteries along with a warranty. At future solar WA, you will get both commercial and residential solar installation services by an experienced and licensed team of electricians across Perth. They provide the best solar energy solution for your space and suggest expert advice to save your money by switching to solar energy. Here you will get the best solar packages according to your preference at a very affordable price range. They provide you with the best knowledge about the benefits of renewable energy and its positive impact on the future of the planet. They also offer solar panel cleaning and maintenance services. The quality products will definitely make you believe that Future Solar WA is the best choice for solar installation. For m...
Read more