> SA, famous for installing the Big Battery, is leading the charge with retail prices at ~35c/kWh
Yes, SA's electricity prices are high. But they've always had the highest price in Australia because they have no coal or gas. What's pertinent here is SA's electricity prices are dropping, whereas in every other state electricity prices are going up.
Prices going up is sort of inevitable when you are replacing your generation. We are currently coasting along on 30 year of paid for coal plants that are reaching EOL. Someone has to pay for whatever replaces them. The mechanism was always going to be the old plants drop off, the price then goes up, then it becomes attractive for new generation to enter the market.
The frightening bit is it took SA about 17 years to go from 1% renewable to their current 80%, and only now are prices starting to drop. The rest of Australia has to go through the same transition, in less time.