I thought I would analyse my energy prices since moving into my home nearly four years ago.
When plotted upon a graph they make interesting viewing.
At the end of 2014, electricity was 24.90 c/kWh, dipping to a low of 21.98 when the carbon tax was abolished (with which I vehemently disagree, because I happen to care more about my kids’ future than my own), then rising to a current peak of 28.76 c/kWh, a staggering rise of 30.85% since the abolition of the tax.
During the same period, gas started at 3.287 c/MJ, rose for no apparent reason to 3.908 in August 2014, dropped to 3.287 for the aforesaid selfish cut, and has now climbed to 3.990 c/MJ, a hike of over 21 per cent.
For comparison, my water rates have remained relatively static.
It’s a pity that extracting hydrogen from water via electrolysis is uneconomical.
As we were promised lower energy prices as a result of the removal of the carbon tax, could someone “please explain” to this mathematics graduate just why they have actually risen under this government?
Email, Nov 13
Dave Horsfall, North Gosford