Rising electricity prices unlock the growing need for solar on rental properties
Australian households are facing significant costs of living pressures, with the biggest challenge being soaring utility rates. Millions of families will see their electricity costs rise from July 2022, after the energy industry watchdog increased prices by hundreds of dollars a year. Electricity prices are rising faster than ever before, wholesale energy prices more than doubled from the March to June 2022 quarter with a price of $200/MWh for both Queensland and New South Wales; the rapid increase in wholesale energy prices is now flowing through to households. Going solar is the solution Is it a good time to invest in solar energy? Absolutely! With the cost of utility rates rising across the country and the impact the highly volatile wholesale electricity market is having on your energy costs, now more than ever is the time for households to go solar, offsetting greenhouse gas emissions and significantly reducing their electric bills. In recent years as regulations have eased a...
