Says the man who does not need an AC! I leave the thing on for my pets all day, I’ll be struck with 500 to 1000 nts more, I bet. That’s some tuna cans there!
That’s what I thought. Electricity is sold below cost in Taiwan as it is - the gov’t apparently has to bail out Taipower each and every year with a couple of billion slipped under the table. That comes from taxes - however cheap it appears on your bill, you still pay the going rate one way or another.
It’s about time prices rose. Even with an 11% hike it’s STILL not being sold at fair value. Yes, people need to use the aircon for 3-4 months when it’s hot, but neither people nor pets need to have the temperature set much below 25’C, at least at home where you don’t need to, um, keep up appearances. My annual electricity bill is about NT$6000-7000, and that’s with a SOHO full of electrical equipment running all day. Ridiculously cheap compared to Europe/UK.
Building companies might finally start designing more energy-efficient buildings if people no longer assume that aircon is virtually free.
That’s what I thought. Electricity is sold below cost in Taiwan as it is - the gov’t apparently has to bail out Taipower each and every year with a couple of billion slipped under the table. That comes from taxes - however cheap it appears on your bill, you still pay the going rate one way or another.
It’s about time prices rose. Even with an 11% hike it’s STILL not being sold at fair value. Yes, people need to use the aircon for 3-4 months when it’s hot, but neither people nor pets need to have the temperature set much below 25’C, at least at home where you don’t need to, um, keep up appearances. My annual electricity bill is about NT$6000-7000, and that’s with a SOHO full of electrical equipment running all day. Ridiculously cheap compared to Europe/UK.
Building companies might finally start designing more energy-efficient buildings if people no longer assume that aircon is virtually free.[/quote]
Maybe now we won’t have three TVs on the whole day.
People will take shorter showers.
Maybe also turn of the lights if you’re not in the room.
Uhm, save money elsewhere by maybe taking the bus instead of driving everywhere. Walk to seven for those Taiwan Beers instead of taking the scooter to ride three blocks.
How the nightmare begins.
it makes too much sense! it’s not a Taiwan only point, not in the slightest. All electricity companies the world over are subsidised. Not to mention food and imported goods!
True enough - but in Taiwan, the favoured target just happens to be energy, because uneducated politicians (and their voters) imagine this helps economic performance, so it’s subsidised even more lavishly than usual.
Are you running an aluminium smelter in your spare bedroom?
You jest, but the two things might be related. Government subsidy is like squashing a balloon - you might be able to make a dent in one place, but there’s sure to be a corresponding bulge somewhere else. Or vice versa.
If energy gets more expensive, companies will be forced to make better use of it, which might mean becoming more innovative. Ultimately, employees will have to drive that process. Salaries will experience upward pressure both from improved performance and from the higher cost of living (it’s not really higher - it’s just more visible). Obviously that’s not going to happen overnight, but with one less perverse incentive to underperform, there could be some positive benefits.
[quote=“finley”]
If energy gets more expensive, companies will be forced to make better use of it, which might mean becoming more innovative. Ultimately, employees will have to drive that process. Salaries will experience upward pressure both from improved performance and from the higher cost of living (it’s not really higher - it’s just more visible). Obviously that’s not going to happen overnight, but with one less perverse incentive to underperform, there could be some positive benefits.[/quote]
We’ll see…but then we’re talking about Taiwan here