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How Australia compare to worldwide energy costs

Across countries around the world, vary due to factors like infrastructure maintenance, government energy and climate change policies, local energy resources and diversity in generation assets.

Based on the figure below, it showed that electricity prices in 2014 from leading economies worldwide.

power inverter and battery charger
power inverter and battery charger

Australia’s power inverter and battery charger prices, (at equivalent purchasing power exchange rates) were lower than the OECD average of 23.03 US cents per kilowatt-hour (c/kWh). At 20.47 US c/kWh Australian 2014 electricity prices are also low by overall international standards.

Purchasing power parity (PPP) is used to adjust the data to exchange rate differences and ensures a like-for-like comparison when buying the identical amount of goods or services in all countries.

Electricity for household consumers was the most expensive in Germany, Portugal, and Poland, while it was cheapest in the United States, Canada, and Norway.

power inverter and battery charger
power inverter and battery charger

The second figure shows the amount of a day’s wage to cover the cost of an average day’s electricity consumption, it uses average annual wages in US dollars (on a PPP basis) to calculate an affordability rate for electricity.

According to Electricity Gas Australia 2015, the average day of electricity usage is 15.52kW.

Australians use only 2.27 percent of their daily wages to pay their energy bills with the average income calculated at US$140.13. This is amongst the best affordability ratings when compared to the other 29 countries shown.

power inverter and battery charger
power inverter and battery charger

Over the 2004-2014 period, Australian retail electricity prices for households nearly doubled. These were mainly because of the need invest in network infrastructure due to the need to replace aging assets, but residential electricity prices fell in 2014/15 following the abolishment of the Australian Government’s carbon tax.

International consulting group NUS carried out a survey of industrial prices (which are based on individual contracts and so not necessarily publicly disclosed) for many years, industrial prices are important for the competitiveness of off grid solar system packages energy-intensive businesses.

power inverter and battery charger
power inverter and battery charger

After repealing the carbon price, Australia returned to the lower end of the 18 surveyed countries, after a couple of years being one of the more expensive countries.

Industrial prices have also become more sensitive to wholesale prices than household tariffs.

Source: https://positive.net.au/how-australia-compare-to-worldwide-energy-costs/

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What to Do When One Needs Loft Conversions?

Are you looking for extra space in your house? Do you crave for additional space in your kitchen? Are you worried about the increasing property prices in your city? With the property prices skyrocketing, it may not be feasible to buy a new home when your family expands. That’s the time when you can consider loft conversion. It can be a great alternative to buying a new property. You can get some extra living space by adding comfort and convenience to your home.

The biggest benefit of a loft conversion is that you can get additional space without shifting or changing the appearance of your property. It adds up to 40% to the value of your property. Loft conversions transform an old house into an amazing home without digging a hole in your pocket. You should plan well in advance to ensure that you get the best value for the money you spend. You would need professional expert advice on how to plan the conversion. There are chances that you would need plumbing or electricity connection in that specific area. Seeking professional advice ensures that the conversion is done properly. Usually, it may take around 12 weeks to get the loft conversion done.

loft conversions
loft conversions

Many homeowners ask this question – Why should I consider loft conversion in the first place? Some houses that were constructed in 1970 may include a lot of space for a loft conversion. Adding some extra rooms in the attic space can help to make your house look bigger. If you want to add an extra dining room or require a bigger kitchen, you can look for loft conversions in the house. Even an additional bedroom or bathroom can be availed by hiring experts.

Depending on your requirements and budget, you can hire an expert company for loft conversions. Call up a few agencies and get an idea about the services they provide. You can surf the internet to search for reputed and reliable companies offering such services. You can get free, no-obligation quotes from a few and then compare them. Once you choose to hire a company, you should ask the professionals about what materials and supplies would be needed for the job.

People also convert their basements and cellars into usable space. Look for the best architects offering renovation services so that you can be assured of high-quality work at minimum rates. When you discuss your requirements with some experts, you’ll be able to get a better understanding of the ideas for a loft conversion. Get expert advice from a few experts before you hire one for the job. You can ask your friends or colleagues if they know of any good professional architects for your project. Make sure that you get the best solution when it comes to loft conversions. A good loft conversion makes your home look amazing and great.

Choose to hire the best professionals in town when you are looking for loft conversions. Consider all the factors and get advice from experts.

TM Lofts is a trusted and reputed loft conversion company Wiltshire helping clients get the best solutions for adding extra space to their homes.

Source: https://www.tmlofts.co.uk/what-to-do-when-one-needs-loft-conversions/

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