Down to the wire: A sustainable electricity network for Australia

State governments have spent up to $20 billion more than was needed on the electricity grid, and households and businesses are paying for it through their power bills.

Building a sustainable electricity network for Australia

Customers in NSW, Queensland and Tasmania are paying $100-to-$400 more each year than they should.

Those state governments should write down the value of the assets to reduce electricity bills, or give direct rebates to customers.

The cost of the National Electricity Market’s power grid rose from $50 billion in 2005 to $90 billion today. But up to $20 billion of that was not needed to cover growth in population, consumption, or even demand at peak times.

Read the Grattan Institute report by Tony Wood, David Blowers and Kate Griffiths - “Down to the wire: A sustainable electricity network for Australia.”