Emissions falling July 2012 to June2014 with carbon pricing
Australia’s carbon tax was in operation from July 2012 to June 2014. Two short years. It was effective in reducing Australia’s energy emissions, but it also added slightly to the residential supply cost of electricity, which people on low income were compensated for.
The residential supply cost in Melbourne for my energy retailer was 21.7c per kWh in 2011. It rose to a peak of 27.7c during the carbon tax before falling back to 25.7c at the end of 2015.
My electricity cost from the grid rose 35.76 per cent over the 5 year period from 2011 to 2015, despite a 12 per cent fall in my grid energy consumption. Most of the rise wasn’t due to the carbon tax. Details from my electricity account show that network charges rose 89.6 percent over the same period.
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