Infrastructure construction – including poles, wires and substations – has far outstripped peak demand.
AAP Image/Dan Himbrechts
Where do sky-high energy costs come from? Energy companies who build unnecessary infrastructure, passing on the cost to consumers and making a profit.
Malcolm Turnbull and Josh Frydenberg surrounded by members of the government’s Energy Security Board.
The big questions about Malcolm Turnbull’s energy policy will be, for consumers, what it would mean for their bills and, for business, how confident it can be that the approach would hold if Bill Shorten…
Under the scheme, power companies would have twin obligations imposed on them by the government.
The government is set to unveil its long-awaited energy plan that would scrap subsidies for renewables and impose obligations on power companies to source a certain proportion of 'reliable' supply.
ACCC chairman Rod Sims says affordability should be the dominant objective in energy policy.
The ACCC found that, on average across the national electricity market, a 2015-16 residential bill was $1,524, excluding GST.