http://www.ipa.org.au/publications/1828 ... -australiaNew analysis of Australian Bureau of Statistics data, by the free market think tank the Institute of Public Affairs, reveals the increase in electricity prices in capital cities between 2005 and 2010:
Sydney 61.3%
Melbourne 56.8%
Brisbane 50.7%
Canberra 45.9%
Darwin 35.9%
Perth 35.8%
Adelaide 16.0%
Increase in consumer prices between 2005 and 2010: 16%
(Source: ABS, Catalogue number 6401.0)
Julie Novak, IPA Research Fellow said, 'Given that the typical household has a power bill of $1,000 it's no surprise families are suffering under the weight of rising living costs.'
'Australia has abundant sources of energy, but we are paying far too much for electricity. The blame rests firmly with state and federal governments. Renewable energy initiatives are hurting families because they push up the price of electricity.'
'Other reasons for these price increases include the fact that state governments have underinvested in electricity generation. In addition, energy companies are reluctant to make new capital investments because of uncertainty about carbon emission reduction schemes.'
'These prices rises are just the beginning. The introduction of a carbon tax is likely to cause electricity prices to at least double,' Ms Novak said.
So, who here fancies a $2000 power bill as soon as a Carbon Tax hit's us?
Again, be careful what you vote/wish for, because heaven forbid, it might just come true.

In a nut-shell, A Labor government has energy companies and state governments by the balls, they are effectively 'powerless' to charge less for the power they generate due to over-regulation, the impending doom of either a Carbon reduction scheme/Carbon tax, and as a result, state governments are underinvested in electricity generation.
Would you invest in a product that may, or may not exist in another 5 years from now?
It's the overall uncertainty surrounding Labors Carbon Tax that's effectively created a state government investment gridlock, when it comes to rolling anything out to do with energy.

It's a vicious cycle, and the only way to break it (along with the energy investment grid-lock) is to boot-out the primary cause, this being a chaotic and irrational federal Labor government.
And their wretched Carbon Tax.
