Long gone are the days when tech giants Apple and Alphabet (parent company of Google) stuck to making computers and selling ads, with both companies recently indicating further forays into the renewable energy sector.
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Australian households are becoming increasingly pessimistic about their financial future according to a new report, with the high cost of energy prices, looming interest rate rises and static income levels all contributing to household stress.
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Less than half of Aussies are fully satisfied with their electricity plan when it comes to value for money, but even more have never switched plans in a search for a better deal, according to the biannual Energy Consumer Sentiment Survey from Energy Consumers Australia.
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In a sign that confidence in the Australian clean energy sector is continuing to grow, the CEFC (Clean Energy Finance Corporation) has set a new record in its level of investment across the country.
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Liberal backbencher Craig Kelly has claimed renewable energy is driving electricity costs through the roof and will kill people this winter, contrary to recent industry reports projecting that a Clean Energy Target could reduce electricity prices by as much as 60%.
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Solar power is set to be a major player in Australia’s renewable energy future as energy companies offer up new ways to make solar more affordable for households - including a “free power” scheme from German battery storage company sonnen.
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It seems South Australia has taken Tesla founder Elon Musk up on his offer of “100 megawatts of storage capacity in 100 days or it’s free” as his company gears up to build the world’s largest lithium ion battery.
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Flipping off the light switch might seem like the best way to reduce energy bills, but a new study has revealed that Australian households are missing out on huge power bill savings by not making the switch to better value energy providers.
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With household energy price rises as high as 20% or more set to hit New South Wales, Queensland South Australia and the Australian Capital Territory in a couple of days, the Federal Treasurer Scott Morrison has lifted the lid on the gas supply debate in the form of a new threat to State and Territory Governments.
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Aussie households looking to switch energy providers in light of the July 1 price hikes have been urged to compare deals carefully, as the various discounts being offered can be misleading to the untrained eye.
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