Equity

I pay a fair share of the energy transition

Explore Equity:

Objectives

Many of us, particularly people on low incomes and renters, face barriers to getting off gas. We’re concerned that as the energy transition escalates and more people exit the gas network, the cost of its upkeep will be split between fewer and fewer customers – meaning spiralling costs for those of us who can least afford to pay them. All Australian governments must work together on a national plan for gas to mitigate these risks. 
 

Hundreds of billions of dollars are now being invested in new energy infrastructure, including new solar and wind farms, transmission, and energy storage systems. While much of this is necessary, no one in the sector should be allowed to forget that we consumers will ultimately pay for it through bills and taxes. Affordability is consumers’ number one priority for the energy transition and we need effectively designed and operated energy markets to ensure that we get a least-cost, efficiently built and operated energy system.

We know it’s going to cost a lot, but what exactly is the ‘bill split’ for the energy transition? Right now, it often feels like consumers are picking up the tab for the whole table. We have a right to know that all parties are paying their fair share. While we appreciate there are commercial sensitivities involved in large infrastructure projects, we want to see transparent reporting of how and when the costs are flowing to consumers.

In the past, energy flowed one-way: from large generators to networks, and then into our homes and businesses. Today, many of us provide energy back to the network. In future, we’re hopeful we’ll see a multi-directional energy ecosystem, where we don’t just share our resources with ‘the system’ but provide excess solar or battery capacity to our neighbours – or they to us. Governments need to trial new regulatory and business models to demonstrate that community-based systems aren’t only feasible and desirable but lead to net savings for everyone.

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Showing 82 - 85 of 85 results
Price graph going up and down
Grant
01 October 2024
2 min read
Tariff Tracking Energy Price and Market Analysis
St Vincent de Paul Society has conducted independent, consumer-focused tracking and analysis of residential energy tariffs via ECA Grant Funding.
News
08 March 2023
3 min read
Time for an orderly and fair exit plan
Grant
28 March 2022
4 min read
Tracking the cost of energy for a more transparent market
Energy Consumers Australia's Grants Program is funding Vinnies Victoria to track the cost of electricity and gas on behalf of consumers.
Research
13 September 2024
2 min read
Turning down the gas: Reducing consumer risk
We commissioned Dynamic Analysis to provide insight into the direction of network prices for Jemena’s gas customers in New South Wales. Read the report.

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