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Power prices

Jul 6, 2023 | Article, Communication, This Week's Issue, Your Say

Your Say: Cliff Hignett, Naracoorte People who are complaining about power prices do not understand capitalism. Our power is supplied, transmitted and delivered by (mostly multinational) corporations – whose sole objective is to maximise profits for shareholders – they only provide power to customers as a means of making sure the suckers (you) keep sending them money. Recent talk of another power price rise refers to the government agreed ‘default price’- a sort of recommended retail price. If you have just ‘gone with the flow’ or accepted the first offer made to you, then, in all probability, your price is the ‘default’ and will rise around 7% in July. Power in SA is the highest price in Australia. When over 50% of our supply comes from cheap solar and wind, why are we paying so much? The reason is that most South Australians have not changed their supplier since ETSA […]

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