Why power networks keep winning - at your expense

Electricity networks, like SA PowerNetworks, are incentivised to overestimate expenditure proposals yet should they receive too little, they can come back for more. No wonder power prices are so high.

The Australian Energy Regulator decided yesterday that South Australian electricity users should pay $35 million more for electricity because SA PowerNetworks (the South Australian electricity distribution network service provider) needs to spend more money to prune trees.

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