30 year electricity price prediction
| Year | Cost per unit | Running total increase % |
|---|---|---|
| Current | 18c | – |
| 2013 | 26c | 44% |
| 2018 | 39c | 116% |
| 2028 | 87c | 383% |
| 2038 | $1.92c | 966% |
These prices are based on paying 18 cents per unit, and an annual increase of 8.7%. Check your power bill to find out what you are currently paying for your water heating and adjust the figures accordingly.
The figures used for this prediction are based on an annual five year average for the period 2002 -2007 as published on the Ministry of Economic Development website.
These figures may very well be too low because the emissions trading scheme has been predicted to double the cost of electricity, as well as the recent 10% increase in electricity to Contact Energy clients.
http://old.solarpeak.com/past-and-future-electricity-consumption/
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