With that phenomenal cost being added to already
spiralling power bills — there will be many more households who will be unable to afford power; adding to the tens of thousands of homes already deprived of what was once a basic necessity of (a decent) life.
The RET has already cost Australian power punters more than $ 9 billion in RECs — added to
their spiralling power bills — since it began in 2001 — and will go on to cost power consumers a further $ 50 billion in RECs to be issued and added to power bills until the scheme comes to an end in 2031.