Q Electricity Prices the Facts - The Climate Institute
http://www.climateinstitute.org.au/verve/_resources/tci_electricitypricesthefacts_april2011.pdf
Historically, incomes have grown faster than electricity prices, which mean that, on average, energy affordability in Australia has actually improved over time. However, in recent years, electricity prices have grown more quickly than average weekly incomes,
which imply that, on average, energy affordability has worsened since the last ABS survey.
This is being felt most acutely by low income households, whose incomes tend to grow more slowly. For higher income individuals and families, energy affordability is likely to
have improved, albeit more slowly than in the past.
Work by the CSIRO has shown that even with strong action on climate change, in the long
-term overall energy affordability for Australian households is expected to improve.
The study also demonstrated that modest energy efficiency improvements would help to
offset any potential negative impacts on energy affordability in the short-term.
UQ
http://www.climateinstitute.org.au/verve/_resources/tci_electricitypricesthefacts_april2011.pdf
Historically, incomes have grown faster than electricity prices, which mean that, on average, energy affordability in Australia has actually improved over time. However, in recent years, electricity prices have grown more quickly than average weekly incomes,
which imply that, on average, energy affordability has worsened since the last ABS survey.
This is being felt most acutely by low income households, whose incomes tend to grow more slowly. For higher income individuals and families, energy affordability is likely to
have improved, albeit more slowly than in the past.
Work by the CSIRO has shown that even with strong action on climate change, in the long
-term overall energy affordability for Australian households is expected to improve.
The study also demonstrated that modest energy efficiency improvements would help to
offset any potential negative impacts on energy affordability in the short-term.
UQ