Exactly
it’s funny how people are complaining about how the government is stealing their solar exports by decreasing feed in tariffs and at the same time complaining about the cost of electricity and the cost of renewables. The reason the feed in tariffs are falling is because the wholesale price is falling.
What we need is the government to start to pressure retailers to pass on the falling prices.
They energy retailers gouge for sure, but for fixed rate billing they also need to cover the cost of electricity when solar is not available.
The wholesale rate is cheapest ( or negative ) at times of high solar, and that's when those with rooftop solar are producing it. Essentially no-one wants to pay you for your electricity when its worth a negative amount.
We renewed our contract for electricity a couple of years ago, and at the time all the major retailers thought the wholesale price was going to go up. ( There had been supply issues ), turned out they didn't and we should see pricing come down now. Businesses are conservative, and the market has been fairly volatile and its now subject to the weather. I don't think they are colluding and the more confident they are in the wholesale prices, the more they will drop their prices.
We'd be much better if it was all state owned.
Power Generation Company --- Costs + Profit.
Power Transmission --- Costs + Profit.
Power Re-Selling - ( minimal cost ) + Profit.
Three lots of profit.