whatyareckon

The obsession with chaotically intermittent and heavily subsidised wind and solar has few winners and plenty of losers. The latter include the householders and businesses being crushed by power price increases of a magnitude that few of them can afford, and none of them expected (having been consistently lied to by the politicos and MSM about the true and inevitable cost of attempting to run on sunshine and breezes).

The victors include the power generators and retailers (sometimes one and the same – referred to as ‘gentailers’) whose profits are inversely proportional to the pain being suffered by their customers.

While STT has reported on the upcoming 25-30% hike in retail power prices – set to take effect from 1 July – that staggering impost comes on top of increases of between 10-20% in retail power prices that have taken effect throughout the financial year. Which means that many households…