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A comment on Electricity prices are climbing more than twice as fast as inflation. Parent comment
I see the following benefits:
1. Stabilises the grid
2. Smooths peak demands. Check the Price and Demand graph here: https://www.aemo.com.au/energy-systems/electricity/national-...
3. Increases supply -> energy prices decrease?
4. Accelerated move away from coal generation and towards renewables.
5. Job creation (solar and storage installation)
Drawbacks:
1. Renters, lower income houses and apartment dwellers don't have access the subsidies
2. Exposure to dodgy installers and systems just like we saw with the Australia solar scheme.
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I see the following benefits:
1. Stabilises the grid
2. Smooths peak demands. Check the Price and Demand graph here: https://www.aemo.com.au/energy-systems/electricity/national-...
3. Increases supply -> energy prices decrease?
4. Accelerated move away from coal generation and towards renewables.
5. Job creation (solar and storage installation)
Drawbacks:
1. Renters, lower income houses and apartment dwellers don't have access the subsidies
2. Exposure to dodgy installers and systems just like we saw with the Australia solar scheme.