Solar Still Cheaper as Energy Prices Rise
SPREE's Alistair Sproul talks on ABC Radio National about how it's when we use solar that is the key to keeping energy costs down amid the rising cost of living.
Published on the 15 June 2023
Electricity prices in Australia are set to rise again, with the Australian Energy Regulator confirming a 20% increase coming into effect from July. ABC Radio spoke with SPREE’s head of school, Alistair Sproul, about the role that solar can play in reducing the cost of energy for consumers, and that it is in when energy is used throughout the day that savings are to be found despite a downward pressure on feed-in tariffs.
"The challenge for the electricity industry is the solar systems … if they are putting a lot of power back into the grid and nobody is really using much power in the middle of the day, there's the problem," Professor Sproul says.
"So, we need to balance supply and demand. That's why they're paying less for solar as time moves on."
Find the full story here on ABC online.