Items filtered by date: April 2016
Monday, 11 April 2016 21:34

Living off grid

Your electricity price can be 10 times profit markup by energy business

For people living in Australia, when you pay your electricity bill, the profit markup is about 10 times when coal energy is converted into electricity energy. Steam turbines in the power station will lost nearly 70% of energy. 10% energy lost incurs during transmission. Even at such high energy lost, electricity companies has profit markup at 1000%.

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