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Electricity shocks hit Melbourne

Expect 100 percent increase
over next five years

 

 

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19 Oct 10 - Huge increases in household electricity bills are being blamed on the coldest winter in Melbourne for more than a decade - and a 10 per cent jump in annual power costs.

"Households were using more electricity than they had in 14 years because the winter is the peak demand period," said Ben Freund of price comparison service GoSwitch.

And he warned that "the shock next winter will be bigger — that is guaranteed". "The current conservative forecast is for a 100 per cent (electricity price) increase over the next five years."

See entire article:
http://www.theage.com.au/victoria/electricity-shocks-hit-home-20101019-16sdd.html
Thanks to David Newton in Sydney, Australia, for this link    

"So much for global warming us," says David.

                                 * * *

Americans had better read this, because our government is trying to saddle us with ever higher energy costs. If our present leaders have their way, our energy costs will go far higher than this.

          
      





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