Australian Energy Market Commission

Part of the problem is that inflation drivers like data centre construction and government spending don't respond much to rate rises, so mortgage holders are copying the brunt.

And the Australian Energy Market Commission has given preliminary backing to putting 14,000 charges on power poles in areas private operators aren't serving.

Networks would recover 70% of costs from household power bills, with the government covering the other 30%.

The AEMC says it would add about $1 a year to the typical bill.

But I want to also stick with this here, too, because there's also this whole story about this controversial EV charger tax.

Now, it's been backed by the Australian Energy Market Commission, But interestingly here, frontbencher Christy McBain has been saying different things about this tax.

Have a look at this.

It's not something that the government is suggesting.

Judiciary, yep.

And then the AEMC or the Australian Energy Market Commission is like the legislature.

Yeah.

Yeah.

The, the simplest way to think of it is AEMO operates the market.

Yep.

The AEMC makes the rules for how the market works, and then the AER is, you know, the cop on the beat that makes sure that everyone's following the rules-

Yep

8223 0000 is the number to ring.

The question I want to ask, and I think most of us should be asking, is should we all be paying for public EV charges? How would you feel about helping to pay for new public electric vehicle charges, even if you don't drive an EV? Well, the Australian Energy Market Commission has backed a draft proposal to install up to 14,000 public charges right across Australia.

It'll be particularly in regional areas and densely populated urban areas where residents lack off-street parking now under the proposed 40 million dollar federal government initiative taxpayers would cover 30 percent of the cost while electricity distribution networks would cover the remaining 70 percent from consumers now for a typical household the estimated impact is about a dollar a year on your electricity bill over five years.

At first glance, that seems a small price to pay for cleaner transport and better access.

But the other thing that's going to be interesting for while supply charges will probably go up is because of this EV tax that's going to be put on supply charges.

I'm not sure whether you've heard of that or not, but that's what the Australian Energy Market Commission, which is the regulator for prices, they're proposing to the government that that's how these charges ev charges they wanted to go out into regional australia uh because the private contractors aren't

putting

ev charges out at the moment because of the cost obviously there's no cost benefit for them

That is an enorm- And I, I can understand why.

But the Australian Energy Market Commission, the AEMC, has come up with another thought bubble.

They've said that householders should have to pay or help contribute to the payment of a bigger rollout of charging stations.

Okay.

Are they seriously saying that we, who are paying a fuel excise, and EV and electric drivers don't at this point, are they saying that we should be s- also subsidizing the charging stations? I don't know how that's gonna go down.

It's not part of any government policy at this stage.

It is an idea that has come from the Australian Energy Market Commission.

They're talk- they're talking about just a dollar a year.

But it's something occurred to me.

Well, who pays for the charger? There is a proposal out there for, by the Australian Energy Market Commission, which is sort of like the regulator on these things, to put a surcharge on every household's electricity bill to pay for curbside charging.

So whether or not you own an EV yourself, there'll be a small surcharge on your bill to build the, or help build the EV infrastructure.

Don't know if I like this idea.