“Cheapest domestic energy there’s ever been:” How rooftop solar has slashed bills for all

Fri, 28 Mar 2025 04:17:23 +1100

Andrew Pam <xanni [at] glasswings.com.au>

Andrew Pam
<https://onestepoffthegrid.com.au/cheapest-domestic-energy-theres-ever-been-how-rooftop-solar-has-slashed-bills-for-all/>

"A report released last week to showcase the downward impact of renewables on
power prices contained a stunning and timely reminder: nothing has crushed
household energy bills quite like rooftop solar, and not just for solar
households.

The report, released by the Clean Energy Investor Group on Wednesday, models
counterfactual scenarios for 2024 where consumer demand is met by coal and gas
plants, rather than firmed renewables.

The idea was to test the relentlessly repeated claims of federal opposition
leader, Peter Dutton, that Labor’s progress on renewable energy – such that it
is, after just three years in government – is to blame for a forecast jump in
default retail electricity prices.

The report found that without wind, solar and battery storage, Australian
households and businesses would have faced wholesale electricity prices up to
between $30/MWh and $80/MWh higher than they actually were in 2024, and paid an
estimated $155 – $417 more for household electricity bills.

But it also found that without rooftop solar the 2024 cost of electricity would
have increased by a whopping $400-$3,000/MWh."

Cheers,
       *** Xanni ***
--
mailto:xanni@xanadu.net               Andrew Pam
http://xanadu.com.au/                 Chief Scientist, Xanadu
https://glasswings.com.au/            Partner, Glass Wings
https://sericyb.com.au/               Manager, Serious Cybernetics

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