Low fixed charge regs to go as Govt looks to reduce household power costs

Low fixed charge regs to go as Govt looks to reduce household power costs
Gavin Evans
The government’s low fixed charge regime for power pricing is to be phased out as part of a suite of measures intended to put downward pressure on household electricity costs and increase competition. The 15-year-old regulations, originally intended to encourage power conservation and limit costs for the smallest power users, have been overtaken by new technologies and increasingly exacerbate hardship for large, low-income families. The government has tasked officials with developing specific proposals for phasing out the regime. The fina...

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