Electricity generators have rebuked the Turnbull government for delaying the introduction of a clean energy target, arguing a target will trigger new investment and bring down power bills.
Prime Minister Malcolm Turnbull with Upper Tumut Area Manager Kent Allen, during his tour of the Snowy Hydro Tumut 2 power station on Monday. |
Mr Turnbull will meet the bosses of some of Australia's biggest power companies in Sydney on Wednesday for a second round of discussions about skyrocketing rising power prices.
At an earlier meeting in August, a deal was struck for millions of Australians to be notified when their discount electricity plans expire, which could save households more than $1000 a year, as well as some other consumer protection measures.
The companies who will attend the next meeting include Energy Australia, Momentum Energy, Simply Energy, Alinta Energy, Origin Energy, AGL, Australian Energy Council and Snowy Hydro.
Read James Massola’s story in today’s Melbourne Age - “Turnbull government ignoring 'easiest way' to cut power prices, say electricity companies.”
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