Under Net Zero, price rises will not stop
Australians are being told to brace for another hit.
At least $600 more on power bills every year. And that’s just the starting point.
New research from the Australia Policy Institute, revealed by The Australian, shows the massive cost of rebuilding the electricity grid to support renewables will be dumped straight onto households.
Tens of billions for poles and wires.
Between $65 billion and $85 billion already on the table.
Once again, the real cost of Labor’s Net Zero agenda is made clear.
And it gets worse.
Even the experts behind the report admit the $600 figure assumes everything runs smoothly.
It won’t.
Major projects are already blowing out by billions. One project has jumped from $2.4 billion to as high as $11.4 billion. Another from $650 million to $5.5 billion.
If that’s the track record so far, why would anyone believe the final bill won’t be far higher?
Families are already under pressure. You have watched your groceries go up, your rent or mortgage go up, filling up your car getting more expensive.
Now energy bills are set to surge again, not because of market forces, but because of political choices.
Labor promised cheaper power. Instead, Australians are getting a system that is more expensive, less reliable, and increasingly dependent on massive taxpayer-backed infrastructure.
This is the pattern of Net Zero. Big promises. Bigger costs. And households left to carry the burden.
ADVANCE has been warning about this. You cannot rebuild an entire energy system without consequences. You cannot fast-track renewables without paying for the wires, the storage, and the failures along the way.
And you certainly cannot pretend the price rises will stop.
They won’t.
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