UPDATE: Power panel favours scrapping low-fixed charges, prompt payment discounts

Tue, 19 Feb 2019

(Adds company comment from 8th paragraph, options on network and transmission pricing to end.) By Gavin Evans Feb. 20 (BusinessDesk) - An independent panel reviewing electricity prices favours scrapping the government’s low-user fixed charge regime, banning the use of prompt-payment discounts, and requiring greater disclosure of the profit split between the retail and generation arms of the major power companies. But the group, which includes both consumer and industry representatives, has stopped short of seeking caps on retail prices...

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