Revolt over high electricity prices

Nov 03, 2011 -- The Australian Financial Review - ABIX

The Australian Energy Market Commission has received a submission by seven major companies, arguing that the national power sector must be overhauled to limit damaging electricity price rises for consumers. Rio Tinto, Westfield, Wesfarmers, Woolworths, Amcor, Australian Paper and Simplot blame the transferral of debt by state-owned utilities to households, and want changes that go beyond the recommendations of the Australian Energy Regulator. All seven businesses are also in the Energy Users Association of Australia.

Publication Date: 4 November 2011

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