As I was showering Saturday morning at about 8.30 I noticed the hot water wasn't quite as hot as normal. Our building's hot water system can heat a phenomenal amount of hot water, I remember something like 80,000 litres an hour, but still I also think Saturday morning between 8 and 9 might be peak time for hot water use. I guess you could say our hot water system is gold plated in that we never run out of hot water, which is as it should be. It is designed to cope with the peak usage and sits underused for most of the time.
I recall former Prime Minister Gillard when under pressure about the rapidly rising price of electricity, accusing the private and public power companies of 'gold plating' our electricity system and therefore wasting money.
Believe me, if you live on an upper floor of a highrise building, you want a gold plated electricity system. Australia is a first world country and our power system should be reliable and a failure should be an exceptional event, not a common one and the system should be able to supply power even on the hottest of days with air conditioners working flat out.
I would suggest that our rapidly rising power prices are because our electricity supply and generation has been privatised and investment of capital has to return a profit to its overseas shareholders unlike when our power systems were publically owned and if we paid more than the cost of the power, the money was re-invested is the supply system.
Speaking of privatisation, take a look at the stats for privatised ferries in Sydney, specifically the ferry to Manly that so many of we visitors to Sydney have caught, and that locals depend on as public transport.
Delays up 36% (from 116 to 156)
Cancellations doubled (from 113 to 229)
Cancellations (excluding weather) up 73%
Fares up 39% (from $44 to $61 weekly)
Well done Premier Fatty O'Barrel and Transport Minister Our Gladys.