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applegrove

(132,407 posts)
Sun Apr 12, 2026, 02:44 AM 7 hrs ago

In early 2026, South Australia has emerged as a global case study for the renewable transition, with electricity prices




In early 2026, South Australia has emerged as a global case study for the renewable transition, with electricity prices dropping by roughly 33% in a single year as the state nears its goal of 100% net renewable energy.

Reddit

Key Highlights of the Transition
Price Reductions: Wholesale electricity prices in South Australia recently tumbled by a third, reaching some of the lowest levels in the country.
Abundant Supply: The state has reached milestones where renewables (wind and solar) met over 150% of total electricity demand, allowing excess power to be stored in large-scale batteries or exported.
Negative Pricing: Wholesale prices frequently go negative—occurring nearly 48% of the time in some quarters—due to the oversupply of renewable generation.
Household Savings: More than 50% of homes in the state now have rooftop solar, with many also installing home batteries to further reduce or eliminate grid reliance.

New Scientist
+3
Broader Australian Context
While South Australia leads, the rest of the country is seeing similar trends as it moves toward a national target of 82% renewables by 2030. According to the Australian Energy Market Commission (AEMC), residential electricity prices are projected to decline through 2030 as renewable and battery capacity increases.

AEMC
+2
Experts from Climate Energy Finance note that while the transition requires significant upfront investment in transmission and storage, wind and solar are now the cheapest forms of new energy generation in Australia.


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In early 2026, South Australia has emerged as a global case study for the renewable transition, with electricity prices (Original Post) applegrove 7 hrs ago OP
roof top solar. control the sun on your space. battery backup for the low times. winner nt msongs 7 hrs ago #1
As someone who actually lives in South Australia I must say Bunkum! Aussie105 6 hrs ago #2
Thank you for responding with facts rather than hopium. harumph 1 hr ago #3

msongs

(73,843 posts)
1. roof top solar. control the sun on your space. battery backup for the low times. winner nt
Sun Apr 12, 2026, 02:57 AM
7 hrs ago

Aussie105

(7,981 posts)
2. As someone who actually lives in South Australia I must say Bunkum!
Sun Apr 12, 2026, 04:08 AM
6 hrs ago

Last edited Sun Apr 12, 2026, 04:47 AM - Edit history (1)

At least on the 'cheaper' part.

No price reduction seen by me, the bill payer.

I can quote you quarterly bills for electricity going back over 10 years.
The total bill for 2025 is around AU $4K.
And looking to be higher this year.

South Australia has the highest electricity prices in the country.

What explains the high current prices?

1. The cost to electricity suppliers of setting up wind and solar farms.
2. Setting up a battery farm for a 24 hour supply if the generation system or network goes down.
3. Setting up a desalination plant in preparation for the next drought. It's idling but still needs power to do that.
4. Relatively small population to spread the costs over. 1.9 million.

Source of the claim that electricity prices dropping by roughly 33% in a single year desperately required, because I'm not seeing it.

Maybe in future years, when the establishment costs have been paid off.
Maybe by 2030?

Honestly, some of the crap pushed as facts! Mind boggling!

But the sources are Reddit, Facebook and New Scientist . . . say no more!

Some Alternate Facts:

"Electricity prices in South Australia are among the highest in Australia, with average annual bills for households exceeding $2,300 as of mid-2025. Costs are rising due to network investments and generation costs, with average rates around 43.9c/kWh. Residents are advised to compare plans, as rates vary significantly, and solar feed-in tariffs are declining, often to 4c–8c/kWh.

Key Electricity Price Factors & Trends (2026):
Price Increases: Annual bills for South Australian households were projected to increase by $71 starting July 1, 2025, exceeding $2,300, according to industry forecasts."

We aren't big users.

All electric home, 2 adults, 1 cat. No rooftop solar.

Heating and cooling is by a single wall mounted reverse cycle air conditioner and restricted to the living room only.
The rest of the house is hot or cold depending on the weather.

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