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posted on:
October
04
2012

Energy companies to slash capex plans

 

Australian Financial Review, 04 October 2012


Networks bosses have defended themselves at the electricity pricing Senate Committee. According to Queensland network executives from Ergon and Energex, investment spending was made to met consumer demand and several determinants have been pointed to for price rises including a need to update aging assets, rising peak demand, increased governement reliability standards and higher borrowing costs in the post-GFC era.


Read the full story here