Electricity Costs to Jump Ten-Fold

Do not be surprised when (not if) this happens.

Electricity Costs to Jump Ten-Fold

Oz Steamer

Before the Socialist Greenies and the Great Global Warming Fraud, in Australia, we had electricity that was about (Australian) $5 per kilowatt-hour. This is about 1/3rd of what the US had in 2019.

Now, thanks to the Socialist Greenies and the Global Warmists, we have an electricity price between (Australian) $40 to $50 per kilowatt-hour, or around ten times the price we had before.

Our manufacturing is nearly dead, thanks to the prohibitive cost of energy (electricity being the main cost).

So do not be surprised when (not if), thanks to Joe Biden’s Green New Deal and the Paris Climate Discords,  your electricity price ends up at around ten times of what it was in 2019. (Meaning that the US average electricity price will end up around US$150 per kilowatt-hour).

At that point, you will not have an economy.

Exactly as the Socialist Greens want.

Editor’s note:
I, Robert, will also not be surprised if gasoline prices increase ten-fold.
Inflation, anyone?
Depression anyone?
Can we have inflation and depression at the same time?
Man, I hate being so pessimistic, but that’s where I am right now.

17 thoughts on “Electricity Costs to Jump Ten-Fold”

    • That’s exactly what I was thinking. At $5/kWh the average American home would be spending their entire annual gross salary on electricity alone since:
      (a) the median US household income is $53,280
      (b) the average US home uses ~1100 kWh/yr

  1. “Open up, & don’t worry, in the end we will make them eat their fines”. –Italian opposition leader Vittorio Sgarbi

    ITALY: “Today – Friday 15th January – over 50,000 restaurants are planning to open, an act of mass civil disobedience against “anti-Covid” lockdown measures which have massively hurt the restaurant business, especially small family-owned businesses.”

    MEXICO: “It’s either open up or we die.” –500 restaurants

    “The “I am Open” protest is spreading across Europe as well, with variants already taking hold in German-speaking Switzerland (#Wirmachenauf) and Poland (#OtwieraMY).

    “It’s good to be reminded that, no matter how much it looks like the new normal is spreading unopposed, it’s not. People all over the world are resisting where they can. That’s what “Covid Positive” is all about.

    ‘To follow the progress of this movement we recommended following Robin Monotti and the It’s Time to Rise accounts on twitter and other platforms.”

    Uh-Oh: Twitter? Is this controlled opposition?

  2. History is always repeating itself. One of these days there will be an incident and the world population, which is already fed up, will turn our globe upside down. Then, we will have the amount of deaths that the owners of the world want. Wait and see.

  3. Agreed. This is already happening and I am surprised by the speed at which it is taking over. Our electricity prices are going up here in Phoenix and they continually try and push us into Solar.
    On top of that, fuel prices have jumped 25 cents in the last few days. I imagine this will only continue. It does not look good for the middle class at all.

  4. We’ve been in a depression since 2008 propped up by the Fed’s money printing antics. How much more can they bankrupt the country before hyperinflation sets in making the dollar nearly worthless? Apparently, quite a lot and when it’s fully destroyed they have this fantastic solution – The Great Reset. You will own nothing and be happy!
    This could only be possible because of globalism where all currencies are nothing more than debt instruments. Safe havens don’t exist like they did in the 1930s.
    We’re now a banana republic teetering on the edge of Venezuela on the road to Zimbabwe.
    Buy or build a rocket stove for cooking and wood burning stove for heating. Plenty of firewood in Texas. Oh, don’t forget screen doors for the rest of the year lol

  5. I think you dropped a couple decimal points. $.05/kwh. We used to have $.05/kwh, now it is $.15/kwh. thanks to deregulation.

  6. I’m having difficulty understanding something in the above article. At my Kentucky home we are paying about $.15 (15 cents)per Killowatt hour. Can it really be 33 times higher in “Australia?

    In South West Florida we pay about $0.11 per Killowatt hour. Thats fifteen cents and 11 cents. Is it possible that the article transcribed fifteen cents into 15 dollars?

    If we ever have to pay even 10 times more for electricity there will be no utility grid based electricity used by anyone other than billionaires. It would be cheaper at that point to run diesel generators to make your own electricity. Of course if diesel prices go up 10 times then we are still in the same boat and it will sink.

    Solar and wind energy are pie in the sky dreams. It is very possible to make wind and solar energy but you can’t determine when you will make it. Solar and wind are good supliments to our energy supply but you can’t reduce your fossil fuel plants because you have to make all the energy needed when there is no wind and solar. Battery technology is not here yet for the grid. Someday it may be here and then MAYBE wind and solar could be a little more valuable.

    In my Kentucky home I have 12KW of PV on the roof and a battery backup system to store my energy in. When the sun shines if I’m lucky I can get about 5 hours of good production, thats 60KW but there are system losses so that you never really get that much to your system, if I get 50KW I feel lucky. Sunny days are great but if you have ever been to Kentucky in the winter you will know that we have a LOT of clouds in the winter. Clouds dramatically reduce what you get from solar collection. If I am very careful I can keep my freezers and lights going for several days on battery power if needed. My house would like to use 40 to 50 Killowatts a day and in the summer with air-conditioning I could easily use 70 Killowatts a day. At $5.00 a Killowatt that would be over a 350 dollars a day. There is no way most of us would ever spend ten thousand dollars a month to keep the lights on. We’ll all be buying candles.

    I personally believe the election was stolen but even if it was there were still millions of people who voted for the left to take over our country. Perhaps when they are reminded what it is like when you have blackouts, lead in your water, lines at the gas pumps and depend on government handouts to subsist they will think better of it and denounce Socialism and radical regulations to control our every step, but, I wouldn’t bet on it.

    • Joseph. My system is only 4.5kWh, but even in winter I generally get 6 hours of greater than 3kWh. Battery stores 7, so I can get through nights unless I have about 3 cloudy days in a row. Summer now I can run aircon till sundown and still export around 10kWh back into the grid for others to use their aircon.
      Feels good.

  7. The billionaires at the ‘World Economic Forum’ stated that by 2030 you will own nothing – thats because your wealth will be stolen by stealth!! Its about control with a fake global warming and fake pandemic to get you used to it.

  8. I just got my electric bill in the mail. My per KwH cost is $0.05853. We are now getting charged for “environmental cost recovery adjustment”, which is $0.00031/KwH.

    So far, it’s reasonable and considering that I’m running a furnace that requires electricity to run the blower motor, it should stay reasonable. The monthly bill goes up a little in the winter, because I have to have the blower motor in the furnace pushing air through the ductwork, but it is still reasonable and affordable. If I were living in the city 35 miles south of me, I’d be flat broke with the rents alone tripling after I left in 2005.

    Let’s just say I’m grateful for small things and let it go at that, but sticking to a tight budget is a necessity in any case. However, if the per KwH rate rises, I will certainly let you all know.

  9. I think you are way over optimistic. Plan for a total pile of steaming brown stuff. If you get any better than that your ahead. I am planning to get a 10kw solar array. I think solar suxs but it will be cheap after stagflation.

  10. A very misleading post. Electricity prices have gone up in Australia, but nothing like 10 times (unless you compare with about 40 years ago).
    I pay 40c (in US money about 30c) per kWh for peak usage and half that for off peak.
    The rates have gone up faster than inflation, but so has any other privatised service.
    The industry is transitioning from coal to solar and wind and this will bring wholesale prices down. Retailers may just pocket the savings rather than pass them on.
    People have been installing home solar and a growing number add batteries. My monthly bill has dropped from around $300A to around $30. It will take me a few years to pay off my system.

    • Graham says it will take a few years to pay off his system. I think I originally figured a payback of about 7 years but it is closer to 10 now but I didn’t get it for the pay back but for the security.

      In the United States we have a new Federal government that promises a lot of new regulations. Those regulations could easily include no clothes dryers or air conditioning by limiting how much electricity each person can use or have each home have rolling blackouts. I don’t want to participate in those regulations.

      I didn’t get solar for payback or to save the environment, I got it for security. When the power goes down I don’t want to get cold or have my freezers thaw.

      Solar is VERY expensive and if you get battery backup it requires attention. Anybody can learn how to take care of their system but it does require learning to be hands on with electrical equipment. I have recently replaced my first battery. I didn’t put the effort in to keep it in good condition so after only six years I had to pay several thousand dollars for a new battery. So, like I said it isn’t about payback.

      We have lost power here in Kentucky a few times since getting solar but I didn’t even know about it until my solar was acting strange and realized I was running the house on battery and solar.

      I know I’m droning on but people need to know when they consider solar that without battery backup when the grid goes down you go down even on a sunny day. Batteries add substantial cost to a system but add substantial reliability.

      • Agreed Joseph. The security is great. Grid went down for repairs and we didn’t even notice. Also, it takes effort to get the best out of the solar/battery. Use as many appliances as you like during the day, start the evening with a full battery.
        I will add more solar when I get my EV.

  11. Don’t worry, by that time the dollar won’t be worth anything and there won’t be any manufacturing anyway.

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