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Study shines a light into dark corners of electricity price


Source: The Sydney Morning Herald, 24 February 2014

The Prime Minister said the other day he wanted to make Australia the ''affordable energy capital'' of the world.

It is a good intention. Let's hope it doesn't go the way of the Great Northern Economic Zone, a vision which was popular for three days before the election, then never heard of again.

If Tony Abbott truly wants to achieve lower power prices, he will need to be better advised. He could start by recognising for instance that it is not the carbon tax and renewable energy costs that are primarily responsible for energy price hikes. The culprit is network costs; and it is his own state governments that are making the killing.

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