Well we are actually paying more for less. So you will have to dig far deeper than that.
Household energy prices increase despite drop in usage, Australian Bureau of Statistics says
Household energy prices have increased 61 per cent between 2008 and 2014 despite an overall drop in home energy use, new information from the Australian Bureau of Statistics has shown.
Well we are actually paying more for less. So you will have to dig far deeper than that.
Household energy prices increase despite drop in usage, Australian Bureau of Statistics says
Household energy prices have increased 61 per cent between 2008 and 2014 despite an overall drop in home energy use, new information from the Australian Bureau of Statistics has shown.
I believe that Energy costs have gone down, while poles and wire costs have gone up.
There was a time not long ago where prices doubled over about three years.
And here we see we are using less power. The only reason for this is because appliances are becoming more efficient and using less power to do the same tasks. My 10 year old sony 40" uses 200 watts . I have another 50 inch samsung plasma that would probably use 250 watts. There is now a 40 inch Panasonic that uses only 40 watts, this being a new lcd led tv. Fridges are also much more efficient as too are washing machines and dishwashers. Air conditioners are also more efficient. Not sure about ovens and stovetops but assume there has been little improvement to heat elements.
Its also possible to link your solar panels directly to your standard hot water tank. This can be done without being on the grid at all and no batteries required. If set up correctly you dont need any invertor or power restricting diodes either. Solar panel wired directly to heat element. But at the moment this is not really cost effective, but is becoming more so by the day. You could also have it set up so that once your tank heats to full temperature and the thermostat cuts out, the power can then be diverted to the grid or elsewhere.
There was a time not long ago where prices doubled over about three years.
And here we see we are using less power. The only reason for this is because appliances are becoming more efficient and using less power to do the same tasks. My 10 year old sony 40" uses 200 watts . I have another 50 inch samsung plasma that would probably use 250 watts. There is now a 40 inch Panasonic that uses only 40 watts, this being a new lcd led tv. Fridges are also much more efficient as too are washing machines and dishwashers. Air conditioners are also more efficient. Not sure about ovens and stovetops but assume there has been little improvement to heat elements.
Its also possible to link your solar panels directly to your standard hot water tank. This can be done without being on the grid at all and no batteries required. If set up correctly you dont need any invertor or power restricting diodes either. Solar panel wired directly to heat element. But at the moment this is not really cost effective, but is becoming more so by the day. You could also have it set up so that once your tank heats to full temperature and the thermostat cuts out, the power can then be diverted to the grid or elsewhere.
Yes, but Bardon's post was not before that sudden rise.
btw, rather than going through the process of hooking a PV solar to a HWT, why not simply buy a solar HWT ?
Ours cost less than 2k, and we only use the backup (gas) for 2 weeks per year, max. (We live in South East Qld).
I am keen to remove our solar array from the grid.. no more tidal system... Energex/Origin have started charging a (small) fee for customers who have a solar meter attached... with the pittance of solar rebate we get, it is a slap in the face.
In a couple of years, battery costs will be so low, we can stay on grid, but hardly use any... or, simply go off grid. (Although I suspect magic 'fees' will appear that mean you pay to have power poles outside your house, even if you elect to disconnect).
Yes, but Bardon's post was not before that sudden rise.
btw, rather than going through the process of hooking a PV solar to a HWT, why not simply buy a solar HWT ?
Ours cost less than 2k, and we only use the backup (gas) for 2 weeks per year, max. (We live in South East Qld).
I am keen to remove our solar array from the grid.. no more tidal system... Energex/Origin have started charging a (small) fee for customers who have a solar meter attached... with the pittance of solar rebate we get, it is a slap in the face.
In a couple of years, battery costs will be so low, we can stay on grid, but hardly use any... or, simply go off grid. (Although I suspect magic 'fees' will appear that mean you pay to have power poles outside your house, even if you elect to disconnect).
Watch what happens when enough people go off grid. The old monopolies will fight for survival and demand their political masters legislate their profits with a service fee you can't avoid.
I'm biding my time for when batteries are cheap enough to make sense, then I'll ditch the grid. Good luck to them attempting to extract a service fee out of me.
China April exports, imports decline more than expected Markets | Sun May 8, 2016 1:21am EDT
China's exports and imports fell more than expected in April, underlining weak demand at home and abroad and cooling hopes of a recovery in the world's second-largest economy.
Exports fell 1.8 percent from a year earlier, the General Administration of Customs said on Sunday, reversing the previous month's brief recovery and supporting the government's concerns that the foreign trade environment will be challenging in 2016.
April imports dropped 10.9 percent from a year earlier, falling for the 18th consecutive month, suggesting domestic demand remains weak despite a pickup in infrastructure spending and record credit growth in the first quarter.
"Both exports and imports came in weaker than expected, in line with the soft trade performance across Asia, pointing to another challenging year for emerging markets," said Zhou Hao, senior emerging market economist at Commerzbank in Singapore.
China's exports to the United States – the country’s top export market – fell 9.3 percent in April from a year earlier, while shipments to the European Union – the second biggest market, rose 3.2 percent, customs data showed.
China's cabinet has vowed to take steps to boost exports, including encouraging banks to boost lending, expanding export credit insurance and raise tax rebates for some firms.
China had a trade surplus of $45.56 billion in April, versus forecasts of $40 billion.
Economists polled by Reuters had expected April exports to fall 0.1 percent, after a surprise 11.5 percent rise in March, and expected imports to fall 5 percent, following March's 7.6 percent decline.
MOMENTUM MAY WEAKEN
China's economic growth slowed to 6.7 percent in the first quarter - the weakest since the global financial crisis, but activity picked up in March as policy steps to boost the economy, including six interest rate cuts since late 2014, seemed to be taking effect.
Concerns of a hard-landing in China had eased after the strong March data, but analysts have warned the rebound may be short-lived.
Economists expect a slowdown in credit growth and industrial production in April although inflation could accelerate. Key economic data is expected over the next two weeks.
"The market has to prepare a little bit for the downside risk in other Chinese data and some sort of market correction might be inevitable," Zhou said.
An official factory survey and Caixin's private-sector gauge for April painted a mixed picture of the health of the manufacturing sector.
The official purchasing managers' index (PMI) showed factory activity expanded for the second month in a row in April but only marginally, while Caixin's manufacturing PMI pointed to 14 straight months of sector contraction.
China's central bank said on Friday that it will fine tune policy in a pre-emptive and timely way, as the economy still faces downward pressure despite signs of steadying.
Amid shrinking global demand, China still managed to grow its share of world exports to 13.8 percent last year from 12.3 percent in 2014, indicating the country's export sector remains competitive despite higher costs.
(Reporting by Kevin Yao; Editing by Sam Holmes and Christian Schmollinger)
China April exports, imports decline more than expected Markets | Sun May 8, 2016 1:21am EDT
China's exports and imports fell more than expected in April, underlining weak demand at home and abroad and cooling hopes of a recovery in the world's second-largest economy.
Exports fell 1.8 percent from a year earlier, the General Administration of Customs said on Sunday, reversing the previous month's brief recovery and supporting the government's concerns that the foreign trade environment will be challenging in 2016.
April imports dropped 10.9 percent from a year earlier, falling for the 18th consecutive month, suggesting domestic demand remains weak despite a pickup in infrastructure spending and record credit growth in the first quarter.
"Both exports and imports came in weaker than expected, in line with the soft trade performance across Asia, pointing to another challenging year for emerging markets," said Zhou Hao, senior emerging market economist at Commerzbank in Singapore.
China's exports to the United States – the country’s top export market – fell 9.3 percent in April from a year earlier, while shipments to the European Union – the second biggest market, rose 3.2 percent, customs data showed.
China's cabinet has vowed to take steps to boost exports, including encouraging banks to boost lending, expanding export credit insurance and raise tax rebates for some firms.
China had a trade surplus of $45.56 billion in April, versus forecasts of $40 billion.
Economists polled by Reuters had expected April exports to fall 0.1 percent, after a surprise 11.5 percent rise in March, and expected imports to fall 5 percent, following March's 7.6 percent decline.
MOMENTUM MAY WEAKEN
China's economic growth slowed to 6.7 percent in the first quarter - the weakest since the global financial crisis, but activity picked up in March as policy steps to boost the economy, including six interest rate cuts since late 2014, seemed to be taking effect.
Concerns of a hard-landing in China had eased after the strong March data, but analysts have warned the rebound may be short-lived.
Economists expect a slowdown in credit growth and industrial production in April although inflation could accelerate. Key economic data is expected over the next two weeks.
"The market has to prepare a little bit for the downside risk in other Chinese data and some sort of market correction might be inevitable," Zhou said.
An official factory survey and Caixin's private-sector gauge for April painted a mixed picture of the health of the manufacturing sector.
The official purchasing managers' index (PMI) showed factory activity expanded for the second month in a row in April but only marginally, while Caixin's manufacturing PMI pointed to 14 straight months of sector contraction.
China's central bank said on Friday that it will fine tune policy in a pre-emptive and timely way, as the economy still faces downward pressure despite signs of steadying.
Amid shrinking global demand, China still managed to grow its share of world exports to 13.8 percent last year from 12.3 percent in 2014, indicating the country's export sector remains competitive despite higher costs.
(Reporting by Kevin Yao; Editing by Sam Holmes and Christian Schmollinger)
As I understood it the value of China's exports increased and the value of their imports fell.
Quote:
Exports in yuan-denominated terms rose 4.1 percent year on year last month to 1.13 trillion yuan (US$174 million), slower than the 18.7 percent jump in March, data from the General Administration of Customs showed yesterday.
Imports fell 5.7 percent year on year to 827.5 billion yuan, falling for the 18th straight month and the drop widened from the 1.7 percent decrease in March.
But China’s trade surplus grew to 298 billion yuan in April, up from 194.6 billion yuan in March.
Australian Property Forum is an economics and finance forum dedicated to discussion of Australian and global real estate markets and macroeconomics, including house prices, housing affordability, and the likelihood of a property crash. Is there an Australian housing bubble? Will house prices crash, boom or stagnate? Is the Australian property market a pyramid scheme or Ponzi scheme? Can house prices really rise forever? These are the questions we address on Australian Property Forum, the premier real estate site for property bears, bulls, investors, and speculators. Members may also discuss matters related to finance, modern monetary theory (MMT), debt deflation, cryptocurrencies like Bitcoin Ethereum and Ripple, property investing, landlords, tenants, debt consolidation, reverse home equity loans, the housing shortage, negative gearing, capital gains tax, land tax and macro prudential regulation.
Forum Rules:
The main forum may be used to discuss property, politics, economics and finance, precious metals, crypto currency, debt management, generational divides, climate change, sustainability, alternative energy, environmental topics, human rights or social justice issues, and other topics on a case by case basis. Topics unsuitable for the main forum may be discussed in the lounge. You agree you won't use this forum to post material that is illegal, private, defamatory, pornographic, excessively abusive or profane, threatening, or invasive of another forum member's privacy. Don't post NSFW content. Racist or ethnic slurs and homophobic comments aren't tolerated. Accusing forum members of serious crimes is not permitted. Accusations, attacks, abuse or threats, litigious or otherwise, directed against the forum or forum administrators aren't tolerated and will result in immediate suspension of your account for a number of days depending on the severity of the attack. No spamming or advertising in the main forum. Spamming includes repeating the same message over and over again within a short period of time. Don't post ALL CAPS thread titles. The Advertising and Promotion Subforum may be used to promote your Australian property related business or service. Active members of the forum who contribute regularly to main forum discussions may also include a link to their product or service in their signature block. Members are limited to one actively posting account each. A secondary account may be used solely for the purpose of maintaining a blog as long as that account no longer posts in threads. Any member who believes another member has violated these rules may report the offending post using the report button.
Australian Property Forum complies with ASIC Regulatory Guide 162 regarding Internet Discussion Sites. Australian Property Forum is not a provider of financial advice. Australian Property Forum does not in any way endorse the views and opinions of its members, nor does it vouch for for the accuracy or authenticity of their posts. It is not permitted for any Australian Property Forum member to post in the role of a licensed financial advisor or to post as the representative of a financial advisor. It is not permitted for Australian Property Forum members to ask for or offer specific buy, sell or hold recommendations on particular stocks, as a response to a request of this nature may be considered the provision of financial advice.
Views expressed on this forum are not representative of the forum owners. The forum owners are not liable or responsible for comments posted. Information posted does not constitute financial or legal advice. The forum owners accept no liability for information posted, nor for consequences of actions taken on the basis of that information. By visiting or using this forum, members and guests agree to be bound by the Zetaboards Terms of Use.
This site may contain copyright material (i.e. attributed snippets from online news reports), the use of which has not always been specifically authorized by the copyright owner. Such content is posted to advance understanding of environmental, political, human rights, economic, democratic, scientific, and social justice issues. This constitutes 'fair use' of such copyright material as provided for in section 107 of US Copyright Law. In accordance with Title 17 U.S.C. Section 107, the material on this site is distributed for research and educational purposes only. If you wish to use this material for purposes that go beyond 'fair use', you must obtain permission from the copyright owner. Such material is credited to the true owner or licensee. We will remove from the forum any such material upon the request of the owners of the copyright of said material, as we claim no credit for such material.
Privacy Policy: Australian Property Forum uses third party advertising companies to serve ads when you visit our site. These third party advertising companies may collect and use information about your visits to Australian Property Forum as well as other web sites in order to provide advertisements about goods and services of interest to you. If you would like more information about this practice and to know your choices about not having this information used by these companies, click here: Google Advertising Privacy FAQ
Australian Property Forum is hosted by Zetaboards. Please refer also to the Zetaboards Privacy Policy