Add that to the windpower bill: SA Battery cost $90m which is $220 per family of four

The ABC reports that finally the people of SA can find out what the emergency Tesla battery cost — $56 per person, or $220 per family, just for the purchase, not for the operation. Hands up South Australians, who would have rushed to sign up to be the Star Renewable State if they had to sign the checks themselves and their electricity bill had a item called: “The price of renewables”.

South Australia didn’t need a battery when it had coal power:

A 505-page report released by Neoen this month ahead of an initial public offering suggested the battery cost around $90 million, at the current exchange rate.

The giant 100-megawatt lithium ion battery near Jamestown in the state’s mid-north commenced operation late last year.

“It actually costs taxpayers’ money. There’s a cost of $4-5 million a year to have the battery in place.

“There are more costs than that involved.

More costs: where does Giles Parkinson think these “revenues” come from?

However, Giles Parkinson said the battery was on track to “make revenues of about $25-26 million in its first year”

The battery makes no electricity. All it does […]

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September 27, 2018 at 06:24AM

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