SA power bills to rise an extra $150

Typical household power bills in South Australia will pay an extra $150 as a direct result of the next year’s closure of a major Victorian coal-fired power station and the rise of renewable energy, a report reveals.

The report, prepared for the Council of Australian Governments Energy Council which will meet today, confirmed experts’ fears of price hikes following the Hazelwood closure in March.

Over the next two years, the average residential bill in SA will increase by $230 to $1717 a year in 2017/18, before prices ease slightly in 2018/19, going down to $1679.

Source:http://www.adelaidenow.com.au/news/south-australia/sa-power-bills-to-rise-an-extra-150-due-to-next-years-closure-of-victorian-coalfired-power-station-and-rise-of-renewable-energy/news-story/b60a3b6ba7b9a52a1c92a4a048845568