The Australian Energy Regulator has rejected arguments by Energy bosses against partial re-regulation of electricity prices, saying that the move has worked for customers who are paying lower prices and …
Energy networks must reduce network charges passed on to customers – Regulator
The Australian Energy Regulator has issued new guidelines to reduce the sum of revenue that electricity networks can charge customers in network tariffs, which it says will reduce average bills …
Rising coal prices and Hazelwood closure to blame for sustained high wholesale electricity prices in New South Wales
The Australian Energy Regulator (AER) has found that rising coal prices, the closure of Hazelwood and limited supply is causing high sustained wholesale electricity prices in New South Wales. Average …
Wholesale electricity prices expected to drop under new 5-minute trading interval
Wholesale electricity prices in Australia will be traded at an interval of 5 minutes as from 1 July 2021, replacing the current 30-minute interval system. The Australian Market Commission said …
Essential Energy accused of scaremongering tactics over bushfires warning
Essential Energy has been accused of scaremongering about the risks of bushfires and blackouts as it attempts to justify price increase demands. Craig Memery of the Public Interest Advocacy Centre …
Watchdog to investigate Queensland energy producers
State-owned power companies in Queensland are being investigated for price gouging and strategic bidding by the Australian Competition and Consumer Commission (ACCC). The ACCC said that the probe is part …
Court battles could see energy users lose 25% of price cuts
The Australian Energy Regulator has warned that consumers could lose as much as 25% in energy price cuts if energy networks win a series of court cases instituted against the …