RAJ REPORT

Ergon could loose a lot of customers by 2018—–UBS: Australian households could go off-grid by 2018 : Renew Economy———-lobal investment bank UBS has highlighted the challenges facing Australian energy utilities by suggesting that the falling cost of solar and battery storage means that the average Australian household could find it cost-competitive to go off-grid by 2018.

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Global investment bank UBS has highlighted the challenges facing Australian energy utilities by suggesting that the falling cost of solar and battery storage means that the average Australian household could find it cost-competitive to go off-grid by 2018.

The report by its Australian based analysts says the current cost of going off-grid for a households consuming the average of around 7 megawatt hours would be around $39,000.

That translates to an average cost of around 44c/kWh for the life of the system. That leaves it in the hands of early adopters and hobbyists in the city, but assuming capital cost falls of just 5 per cent per annum, by 2018 it would become cost competitive for average households with staying on the grid.

 

UBS: Australian households could go off-grid by 2018 : Renew Economy.

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