So, NSW Labor just fired up their shiny new super battery and they’re parading it around like it’s some kind of miracle that’s going to reduce your power bill. Lower prices for you and me, they claim. Yeah right — and I’ve got a solar farm on the moon to sell you.
Here’s the cold, hard truth: this battery isn’t built for you. It’s not built to help mums and dads keep their lights on or pensioners afford to run the heater in winter. It’s built for profit — plain and simple.
These so-called “green energy companies” have a business model straight out of a Wall Street trader’s playbook. They scoop up cheap electricity when demand is low — sunny days, windy nights — and then they sit on it like smug little dragons. And just when the grid is straining, prices are spiking, and families are doing everything they can to avoid turning on an extra lightbulb — boom — they unload their stored power at the highest possible rate.
Who pays for that timing trick? You do. Every single time.
And what does the government do? They slap a green sticker on it and call it progress.
Let me be clear: storing energy is a good idea — if it’s used to stabilise the grid, bring down peak prices, and help everyday Australians. But that’s not what’s happening here. This is energy arbitrage — a glorified game of buy low, sell high — and the public is being played for fools.
So next time you hear a politician talking about “batteries reducing bills,” ask them this: Whose bills, exactly? Because it sure as hell won’t be yours.