Companies

Sep 26, 2012

Generators gamed in the power price fight

Incumbent power suppliers have so much at stake with electricity regulation they can buy more and better muscle to define the house rules. They tend to ultimately prevail.

I don’t envy the senators assigned to the inquiry into electricity pricing.

1 comments

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One thought on “Generators gamed in the power price fight

  1. Bruce McCarthy

    Let’s face it. In view of deficiencies with the GST, electricity prices have become a “de facto” tax for cash starved state governments. Ideologically, it is a reasonably fair “tax”- the more you use the more you pay (excluding large corporates). I cannot see the current situation changing until the GST is modified to provide more funds to the state governments.

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