Taking the heat out of power prices

With all the talk about electricity bills there is a unique opportunity for reform. But as the example of WA shows, if governments overreact and restrict the use of markets, it could make things worse.

AGL spat the dummy a few days ago claiming it would pull up stumps on investment and marketing in South Australia because the state regulator had decided to adjust regulated tariffs to more closely reflect wholesale electricity market prices. Origin has made similar complaints about Queensland regulator decisions.

At the same time we’ve had Matthew Warren, head of the Energy Supply Association, valiantly trying to defend network businesses from reform, claiming this will undermine investment confidence. 

{{content.question}}

SMS Code Sent…

Hi {{ user.FirstName }}

Looks like you've already taken a free trial

Please enter your payment details

We have sent you a code via SMS to {{user.DayPhone}}

please enter this code below to activate your membership

If you didn't receive SMS code please

Looks you are already a member. Please enter your password to proceed

Please untick this box when using a public or shared device


Verify your mobile number to unlock a FREE trial

Please sign up for full access

Updating information

Please wait ...

  • Mastercard
  • Visa

Related Articles