Energy Action

Declining Battery Prices & Solar Storage Battery prices are falling, strengthening the case for storage. Data from South Australia shows businesses without solar or batteries face the highest energy costs. Batteries store excess solar energy for evening peak use, reducing dependence on expensive grid power. Source: Energy Action’s in-house analysis, IEA data Consult your account manager to develop a solar investment strategy tailored to your business needs: https://hubs.la/Q038wtWM0

Matching Solar PV Size with Business Demand Aligning solar PV size with onsite demand maximises cost benefits. Victoria’s feed-in tariffs are expected to drop to $0.004/kWh by mid-2025, making self-consumption more valuable than exporting energy. In NSW, IPART forecasts solar export values of $0.049–$0.063/kWh in 2024-25, down from 7.7–9.4 c/kWh in 2023-24. Source: ESC Draft Decision Paper, IPART Data Consult your account manager to develop a solar investment strategy tailored to your business needs: https://bit.ly/4jW4QLV

Rising Electricity Prices and Solar Viability High electricity prices continue to drive solar adoption. The ACCC reports that small businesses with solar paid 31% less for electricity than those without. The Australian Energy Council’s Q3 2024 report shows break-even electricity costs as low as $0.09–$0.14 per kWh, depending on location. Source: Australian Energy Council Solar Report Q3 2024 Talk to your dedicated account manager to develop a solar investment strategy tailored to your business needs: https://bit.ly/4gK4Rj4

Loyalty leaves you lagging. The ACCC's truth for homes applies to boardrooms too. Your old contract could be costing you. Shop around. Snap up better prices. Better business begins with better energy.

Explore how green solar energy is transforming Australian businesses by reducing costs, driving sustainability, and meeting the growing demand for renewable energy solutions in a competitive market. Read more: https://hubs.la/Q0341x0V0

WA’s coal cliff: Industry warns of looming power shortfall -AFR, 21st February, 2025

#4. Energy Market Outlook 2025 – Renewable Transition Battery storage is the game changer Battery installations, both at large-scale and household levels, are expected to grow significantly over the next five years. This increased storage capacity is projected to reduce electricity price volatility during peak and shoulder periods. As the transition to renewable energy accelerates, integrating battery systems into energy strategies will provide businesses with more control over costs. Disclaimer: This content constitutes general advice based on current market trends. Businesses should seek tailored strategies that align with their unique energy needs and risk profiles.

#3. Energy Market Outlook 2025 - Long Term Trends Sustained upward pressure on energy prices While solar PV has begun to reduce daytime electricity prices, reliance on thermal generation during peak periods keeps average prices elevated. In 2024, coal accounted for 60% of dispatchable generation, while renewables such as wind and solar contributed only 31%. Investing in solar PV and battery systems offers businesses a way to offset grid reliance and avoid exposure to future price increases. Disclaimer: This content constitutes general advice based on current market trends. Businesses should seek tailored strategies that align with their unique energy needs and risk profiles.

#2. Energy Market Outlook Trends – Q2–Q3 Analysis Winter gas crunch and volatility risks Southern Australia is expected to face significant gas supply challenges in winter 2025. Extreme weather driving higher heating demand, coupled with increased gas-powered electricity generation (GPG), may result in heightened electricity price volatility. Historical data reveals that gas supply shortages often lead to price spikes, as gas generators set the marginal price while hydro generation costs rise. The issue is compounded by liquefied natural gas (LNG) exports, which limit domestic gas availability, creating additional supply constraints during peak winter months. In contrast, reductions in industrial gas consumption in Western Australia, including the closure of nickel mines and alumina production cutbacks, are expected to ease local gas pressures, stabilising electricity prices on the West Coast. Disclaimer: This content constitutes general advice based on current market trends. Businesses should seek tailored strategies that align with their unique energy needs and risk profiles.

#1 Energy Market Outlook Trends – Q1 Analysis Short term: wetter summer conditions may reduce electricity demand and ease price pressures According to the Bureau of Meteorology, above-average rainfall in summer 2024-25 is likely to reduce electricity demand by limiting extreme heating days. However, warmer nights remain forecast across most regions, excluding Melbourne and Sydney. Early data for January 2025 already shows lower wholesale electricity spot prices, reflecting reduced grid strain. Meanwhile, electricity futures for 2025 are projected to follow 2024 trends, assuming consistent weather patterns and demand levels. Disclaimer: This content constitutes general advice based on current market trends. Businesses should seek tailored strategies that align with their unique energy needs and risk profiles.