Despite the fall in market concentration from the big 3 retailers – Origin Energy, AGL Energy &\u00a0EnergyAustralia, electricity prices for residential homes have continued to increase over the past 5 years.<\/p>
Due to the\u00a0increase in power produced from Solar, and increased competition from retailers, we are expected to see prices fall 1.1 per cent between 2018-19 and 2020-21.<\/p>
Renewable Energy Australia LEDs last over 50,000\u00a0hrs\u00a0(5.7 years of\u00a024 hour full time\u00a0use) and reduce wasteful energy by 50 \u2212 90%. LED lighting consumes a fraction of the energy of traditional,\u00a0HID\u00a0or compact fluorescent lighting and will reduce annual energy consumption by up to 70%. In addition, you will witness considerably lower maintenance costs with realistic return on investment percentages.<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t