Wrong plans costing power consumers $39 mln - report

Wrong plans costing power consumers $39 mln - report
Gavin Evans
By Gavin Evans Oct. 23 (BusinessDesk) - Being on the wrong electricity plan may be costing consumers up to $39 million a year, according to a study of household energy prices. A review of billing data from nine retailers suggested thousands of households are on low-user plans when they should not be, and vice-versa. While there is a large visible “hump” in the data where households that are close to the threshold for the scheme are on the wrong plan, that would not have a major impact on bills and doesn’t explain the rest of the data,...