The Forum > General Discussion > Why I think the carbon tax/ETS is wrong
Why I think the carbon tax/ETS is wrong
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At the same time the govt; sets an overall price for power no matter what the demand. The power price is set annually, currently 8 cents / kWh. That means when the price of power is above 8c /kWh the retailer loses, and when it's below 8c / kWh the retailer wins.
The currant retail price for power is artificially high, because the retailers are conglomerates. As more retailers come on board the price of power will be less, due to competition. Electricity can retail at 18c / kWh with good margins for retailers as of now.