#RWNJ in #SouthAustralia are running TV ads aimed at their moronic base, promising to destroy #renewables in SA because they blame #solar and #wind for high costs. Here are the #renewable #facts #electricity is complicated; 🔴 Wind and solar power gen dropped from ~$120/MWh to $32/MWh recently (-x4) 🔴 Dirt cheap (wind/solar ~$32/MWh vs coal ~$90/MWh) (Solar x3 cheaper than coal) 🔴 Network costs more, but it's no more than +10-15%. In part, because bigly state few huuumans. 🔴 So why is power so expensive? 1) Retailers locked in prices. They bought contracts when wholesale was expensive (~$120/MWh in 2023). Those contracts are still running. They're not paying today's $32/MWh spot price yet. 2) DMO/VDO pricing lags. Regulated price was set based on older, higher wholesale forecasts. Next reset might capture the savings. 3) Network costs rose faster, While wholesale dropped 40%, network costs rose ~10-15%. 4) Retail costs increased - Smart meters, hardship programs, bad debts all went up post-COVID. TLDR; Privatised power uses crapitalist (market) principles. Nothing to do with renewables, everything to do with fat, monocle and tophat wearing parasites. #australia