Flick pass expert
- Nov 16, 2004
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- Port Adelaide
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- The Mighty Blacks
I agree that SA electricity prices are the most expensive but I dont believe the reported figures in the media of the gap with other markets in the National Energy Market. And the SA has the highest electricity prices in the world is complete bullshit as per my previous post. Yes I have figures for some Pacific Island nations.So your own research.
It’s a known fact that the state of South Australian pays more per KW an hour usage in this country than any other state.
Here is a report from the AFR - one of the supposed higher journalistic standards dated May 2017. I read this in 2017 and knew it was bullshit because to this day I have never been charged more than 40.x cents per kilowatt hour, before GST and discounts and 2 years ago it was about 38 cents.
And it also continues the myth that SA has the highest prices in the world. The world is the world, not 20 or 30 most developed nations. A lot of small nations are paying between 50 US cents and $1 USD per Kw/hr.
Australian households pay highest power prices in world
Australian residential customers are paying the highest electricity prices in the world - two to three times more than American households - but experts say they need more than information to navigate the thicket of discounts and offers.
South Australian households are paying the highest prices in the world at 47.13¢ per kilowatt hour, more than Germany, Denmark and Italy which heavily tax energy, after the huge increases on July 1, Carbon + Energy Markets' MarkIntell data service says. When the eastern states' National Electricity Market was formed in the late 1990s, Australia had the lowest retail prices in the world along with the United States and Canada, CME director Bruce Mountain said.
NSW households typically pay 39.1¢/KWh - hard on Italy's heels - while Queensland and Victoria's typical retail charges of 34-7c-35.7c/KWh exceed those in all but the four or five most expensive European countries, the MarkIntell data shows.
When taxes are excluded, the four Australian NEM states are the costliest residential electricity in the world. American households - which benefit from a large market and cheap and abundant natural gas - pay just US12.5c/KWh (15.75¢), the US Energy Information Administration says.
Mr Mountain said power bills are constructed in such a complex way that ordinary customers without sophisticated spreadsheet and analytical skills have little hope of analysing competing offers to work out which offers them the best deal.
Private comparison websites do not include all market offers and charge retailers for switching customers, while the websites offered by the Australian Energy Regulator and the Victorian government do not provide the tools customers need to discriminate among offers.
Australian residential customers pay the highest electricity prices in the world - two to three times more than American households.
These guys and the Oz medis would say Alex Rance was impassible at full back, despite the fact Collingwood kicking 15 goals 10.
The world atlas guys who I believe take data from CIA World Factbook isn't 100% accurate but it gives good info. The AFR article uses AUD, the world atlas list uses USD.
When it comes to the cost of electricity, relatively inaccessible Pacific islands and heavily taxed European nations top the list of the world's most expensive countries.
The type of electricity used varies from country to country. While some countries rely heavily on renewable energy sources such as hydropower, wind power, or solar power, some countries still use a large amount of coal energy. The consumer cost of electricity is dependent on a variety of factors including access to energy sources, local tariffs, and the privitization of resources. The Pacific island nation of Solomon Islands has the highest electricity cost in the world, at a staggering 99 US cents per kilowatt hour. The other countries with high energy prices are primarily tropical islands like Vanuatu, the US Virgin Islands, the Cook Islands, and Tonga. Some European countries such as Germany, Denmark, and Belgium also experience high electricity costs.
High Costs in Tropical Islands
The Soloman Islands are relatively secluded in the Pacific Ocean, around 1,000 km from their closest neighbor of Vanuatu. The country's population of around 599,000 suffer from frequent power outages and very expensive electricity costs. Diesel power is the most type of energy used in the country, which results in costs as high as one US dollar per kilowatt hour.
In the Soloman Island's distant neighbor of Vanuatu, things are not much better. In Vanuatu, nearly 3/4 of all homes do not have any access to electricity. Although Vanuatu has a grid electricity system in place, government taxes make the cost of electricity prohibitively expensive. Many residents are often given no choice but to resort to fire hazards like kerosene lamps.
On the other side of the globe in the Caribbean Sea, the US Virgin Islands suffers from a high electricity cost. On an island where electricity prices can reach 0.51 US cents per kilowatt-hour, there is always the added risk of a natural disaster such as a hurricane knocking the power out of commission. There are currently plans in place to construct a more functional power grid on the island.
Which Country Pays the Most For Electricity?
The Pacific island nation of Solomon Islands has the highest electricity cost in the world, at a staggering 99 US cents per kilowatt hour. The other countries with high energy prices are primarily tropical islands like Vanuatu, the US Virgin Islands, the Cook Islands, and Tonga. Some European countries such as Germany, Denmark, and Belgium also experience high electricity costs.
|Rank||Country||US Dollar Cents Per Kilowatt Hour|
|3||United States Virgin Islands||51.9|