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# Our Bill Shock Has Only Started
- URL: https://goodoil.news/our-bill-shock-has-only-started/
- Published: 2026-11-12T01:30:00.000Z
- Updated: 2026-11-12T01:29:59.000Z
- Description: Our power prices have doubled in the last 20 years: they’re going to double again in just the next two.
- Author: Lushington Brady
- Tags: AUS Politics, Climate Change

Not that long ago, Australia had some of the cheapest electricity in the world, which was as it should be in a nation so abundantly blessed with energy resources, from coal to natural gas, to hydroelectricity here in Tasmania. Even Australia’s irrational nuclear phobia, in a nation with some of the largest uranium reserves on the planet, didn’t much affect our electricity bills.

Then the Climate Cult arrived.

In just 20 years, Australian electricity bills have risen between 100 and 200 per cent. But if they thought the bill shock was over, they’re in for a very nasty surprise. The vultures of ‘Net Zero’ have not nearly begun to come home to roost.

> [Australian power prices](https://www.theaustralian.com.au/nation/politics/wholesale-hell-power-prices-to-double-by-2029-modelling-shows/news-story/8c2eb9efc80963750d2bc89322de83fb?ref=goodoil.news) are ­projected to nearly double by 2029 as delays in building giant wind farms and the closure of coal plants throttle the nation’s energy transition, hiking pressure on Climate Change Minister **Chris Bowen** who has conceded Labor has “more work to do” to deliver household bill relief.

I think he’s already done more than enough. Even at the ruinous cost so far of ‘renewables’, the volume of large-scale wind and solar required over the next two years has to triple for Labor to reach its goal of 82 per cent renewable energy by 2030\. Even then, it won’t be enough: significant winter price spikes are also expected once coal plants shut down.

> “We’re exiting coal at double the rates at which we’re building renewables,” Rystad senior analyst **David Dixon** told the Australian. “And because we’re not installing enough wind, prices will be squeezed.”

The delusion is simply off the charts. We could carpet the entire nation in wind farms and we’d still experience continual shortages. And pay through the nose for the privilege.

Privilege is, of course, **Anthony Albanese**’s middle name. Now that he has the PM’s office, he’s utterly determined to enjoy it. Once again, ‘Airbus Albo’ is jaunting off around the world, along with the rest of the Climate Cult and their fleets of private jets. In Antalya, Turkey, he will join Climate Change Minister Chris Bowen.

Albanese promised nearly 100 times before the 2022 election to reduce average household electricity bills by $275 by 2025\. Instead prices rose. And rose.

And are going to keep on rising. Even the Rystad modelling defies the government’s insistence that Australia remains on track to hit its Pollyanna green energy target and that more ‘renewables’ in the grid will mean cheaper power prices. At the same time, the Energy Department has admitted that nearly a quarter of clean-energy projects backed by the Bowen and Albanese have fallen over.

Officials confessed to a Senate hearing last month that 27 of the 109 renewable energy projects announced under the scheme had disappeared. Of the 33.2GW of promised generation capacity (which should never be confused with actual delivery), not even 14GW is even on the books.

> “It is time the government came clean about the cost of its energy transition, because it is going to break families and small businesses in this nation,” \[opposition Energy Spokesman **Dan Tehan**\] said. “How can Chris Bowen, with a straight face, lecture the world on how they should transition, when he has made such a mess of it back home in Australia.”

The rest of the world is not, in fact, nearly so mad as the Albanese government. Despite the Climate Cult’s crowing that the end of coal is nigh, overseas demand for Australian coal remains at record highs. Unfortunately, mad delusion is the stock-in-trade of Albanese and his idiotic sidekick. Bowen said:

> “I think Australians understand our engagement on matters of climate change are very very important.”

Australians understand something else entirely. They understand that electricity used to be cheap because the country burned its own coal and gas. They understand that the Climate Cult’s plan to shut the coal plants first and hope the wind farms arrive later is already failing. That it would not ever work, anyway.

They understand that wholesale prices are set to nearly double, while the minister who promised cheaper bills is busy lecturing the world from Turkey.

The vultures are not circling. They have landed. And Australians are waiting with brickbats in hand.

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