Shocking electric bills
Victorians would have welcomed some of that fabled global warming over winter:
As the mercury plunged to an average winter temperature of 9.5 degrees and the city experienced its wettest winter in eight years, energy use soared.But worse – much worse – lies ahead:
Many households have experienced winter bill increases far in excess of the annual median electricity price rise in Victoria of 10-11 per cent.
The current conservative forecast is for a 100 per cent (electricity price) increase over the next five years.Maybe it's time to start stockpiling candles.
And that is a conservative estimate.