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The Forum > General Discussion > Electricity Prices

Electricity Prices

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Yabby,they are jacking the price of electricity to upgrade it for a fire sale sell off.So we the consumer pay for our own demise.Why would anyone sell off an income earing asset such as power,state lotteries etc? We then get extra taxes to pay for the shortfalls.

The monetary bubble cannot for ever be fed at the behest of real jobs and productivity.It is going to collapse yet again and your shares and super will be stolen again by the perveyers of monetary illusion.
Posted by Arjay, Saturday, 10 April 2010 9:59:06 PM
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Arjay, I don't follow NSW politics in particular, but by what
I've read in the financial press, Govts are keen to sell their
power generators, as most of them are old and clapped out, based on
coal and the distribution system is much the same. So it will take
billions and billions to bring things up to scratch and nobody can
even tell you if it will be gas or coal to drive them in future,
as there is uncertainty about the price of carbon.

I watched a crew of 8 blokes changing a single pole on my place
recently. I'd hate to think what that little joke cost the power
company, for those power workers make great money. Given the
thousands of km of power lines, replacing a great many of those
poles will keep them poor.

Luckily I don't pay attention to your economic advice, or I would
die of worry :)
Posted by Yabby, Sunday, 11 April 2010 9:59:41 AM
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What we will also have is that workers will be after a pay rise to survive and then those on government payments will also require this.

Businesses will then have to put their prices up again for the increased costs.

But the labor and union people here must have a back up plan as to be not associated with these costs as they would be screaming, or they are just waiting for rudd to about face on this legislation which in turn the states are thus putting up costs.

This goes to show the complete incompetence of voting for a political party as they do not represent the people but just those who are members.

Stuart Ulrich
Independent for Charlton
Posted by tapp, Sunday, 11 April 2010 2:31:34 PM
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Dear Mr Tapp,

Electrical production facilities are under
State Government control not Federal Government.
And they privatise the sale of the service to the
community.

NSW is expanding facilities for
electrical production to cover a growing population,
and hence the costs increases. Governments may now
want to increase taxes so they collect revenue by
increasing costs on services. You use more, you pay
more.

All infrastructure costs have to be paid out of
tax money and with the increase of population,
production of electricity has to increase and has
to be paid for.

Existing infrastructure maintenance costs have to
be covered. With an increase of the aging population
tax funds have to be adjusted or service prices
increased. There are less working people and more
retired people which affects the tax base.
With the rise of salaries, and cost of
materials and maintenance, funds have to be resourced.
Which has been the case from earlier days of electricity
production. We may complain all we want, but the reality
of the facts are not going to change. If you don't want to
pay more, do not abuse the privilege and don't waste the
electricity. Invest in alternative electrical production
at your own cost. The choice is up to you. People use
solar power, wind power, diesel generators, et cetera,
if they don't want to use the electric grid.
Posted by Foxy, Sunday, 11 April 2010 2:51:17 PM
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Foxy
i am well aware that funding for electricity is state and also the maitainance required which money has not been spent on these, but wasted on the political agenda.

One should also take note that due to the rudds policy for climate change the costs have to be met and as such the states have to include these.

So the effect is roll down and pass on.

And since you must be aware on what are and is state responsibilities it should be noted that better comments will come from you in future.

I myself are very careful of consumption but wasted money is the responsibility of the governments, If they do not envisage the requirements for system upgrades then what are they spending the money on, a 10,000.00 dollar hammer, a 500,000.00 dollar office refurb, so responsibility goes to where it should the government, and since it is labor it is a hurry and wait game.

wait to starve, wait to freeze, wait to get sacked

we all cannot be as gullible as party members

Stuart Ulrich
Independent for Charlton
Posted by tapp, Sunday, 11 April 2010 3:39:44 PM
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I'm still trying to understand what the fuss is about, tapp.

You made a statement:

>>We have all seen that the cost of electricity is going up especially in NSW by 64% over 3 years due to Rudds plans.<<

I asked - quite reasonably, I thought - "Which plans are these, tapp?"

No response.

Could you at least provide some references?
Posted by Pericles, Sunday, 11 April 2010 3:46:27 PM
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