Australians are currently facing crippling electricity prices. The record-high cost of electricity has seen millions of Australian families facing an uncertain future.
Adding to this uncertainty is the fact that some electricity providers have chosen to switch off their generators at a time when people need electricity the most.
There must be a better way to guarantee your family affordable and secure electricity.
How much are prices rising across the country?
Electricity prices are expected to rise as much as 18.3% in every state and territory in Australia except the Australian Capital Territory, where prices are already cheaper and are expected to fall even further this year.
So why is electricity in the ACT already affordable and getting cheaper by the day? It’s because 100% of the the electricity used in the ACT is renewable, coming from affordable and environmentally-friendly options like solar power.
And wherever you live in Australia, there’s never been a better time to have affordable and secure solar electricity powering your home.
What’s causing the current price increases, and will then end soon?
There are a couple of significant factors at play here, and they aren’t going away.
The Russian invasion of Ukraine: In order to punish Russia for invading Ukraine, the United States, the European Union and other countries like Australia have refused to continue buying Russian oil and gas. The hope is that this will force Russia to end the invasion. But in the meantime, its driven electrical supply prices up all over the world.
Australia’s coal and gas power plants are old and in need of constant repair: Power prices are being driven up by the fact that many power plants are decades old, break down more, and cost more and more to repair.
Extreme weather conditions: Our changing weather means the old ways of powering homes and businesses is a less reliable. For example, recent flooding in New South Wales and Queensland disrupted coal supplies. Those floods have driven up prices and remind us all that we can no longer rely on coal and gas to provide reliable access to electricity.
Solar energy is one of the most abundant energy sources on the planet, and it can easily meet your home's electricity requirements. Solar doesn’t rely on unreliable coal and gas power plants and it’s the more environmentally sustainable source of power on the planet.
And by preventing the pollution caused by coal and gas electricity, solar helps reduce extreme weather events.
Look up and see the solution.
Sunboost is Australia’s biggest and best solar retailer. Known for our outstanding customer service, Sunboost has installed tens of thousand of solar panel systems in homes and businesses across the nation.
Read more information Click here