23 February, 2017

Time to put energy retailers and their offers under the microscope

This year, the retail part of the electricity sector will be getting lots of official attention.


Professor Alan Finkel’s review is understood to be interested in retail. In Victoria, Professor John Thwaites and Mr Terry Mulder will review this part of the industry. Nationally, the AEMC will be producing their study of the competitiveness of the retail sector, under the supervision of new Senior Director.

It is appropriate to scrutinise this part of the electricity sector: many, perhaps most, small customers in Australia seem to be charged more for electricity to be sold to them, than they are for electricity to produced. This is weird and explains in part why electricity prices in Australia compare so poorly with those in other countries.


Read Bruce Mountain’s story in RenewEconomy - “Time to put energy retailers and their offers under the microscope.”

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