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Electricity Bills feared to Soar

Recent news about the 5.83 per cent increase in electricity prices for Queensland next year has fueled concern in other states across Australia, including NSW which is facing increases of up to 40 per cent over 3 years and South Australia a 12 per cent rise.**

The rise in electricity is attributed to the federal government's Renewable Energy Target scheme, which sees power utilities sourcing a fifth of their supplies from wind and solar sources within a decade.

Queensland's opposition yesterday said the rise would cost households $100 a year on average

To take advantage of the Government's investment, households in Sydney are switching to solar power or installing roofing insulation to save on electricity. It has been suggested that the Sydney trends will be reflected across Australia as electricity prices are harder to manage. With more people becoming conscious of how they use appliances including air-conditioners and clothes dryers, they are also buying energy-efficient products and using them "more carefully".

This trend has been particularly noticed by the Clean Energy Centre, which has a unique software program to assist holdhold residents and businesses to analyse their energy consumption, and model the savings generated by various forms of clean energy options; such as solar power and solar hot water.

The Clean Energy Analyser software will automatically calculate the optimum Solar Power System size to reduce energy bill of a household or business by 50%, 75%, 100%, 150%, and even 200%. Recipients of this free service  find this information and the analysis report extremely helpful in understanding the savings, earnings and estimated Return on Investment a Solar Power system can generate in respect to their specific situation.

Origin Energy, Australia’s largest electricity utility, says the energy industry has underestimated the onset of disruptive technologies such as solar PV systems and battery storage. In comments...
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