electricity
(SMH) The Victorian government has ordered a review of controversial smart meters after the state auditor-general warned electricity consumers would be worse off. The Essential Services Commission will conduct the review "to ensure vulnerable Victorians are not disadvantaged", it was announced on Wednesday. Smart meters will be rolled out to 2.4 million homes and small businesses over the next four years. They communicate directly with power suppliers, enabling them to set peak and off-peak rates. read more
"NSW households will need to brace themselves for the first impact of the Federal Government's proposal to cut emissions, with electricity prices expected to rise steeply over the next few years. The state's pricing regulator, the Independent Pricing and Regulatory Tribunal (IPART) has today recommended that electricity prices rise by up to 62 per cent, including inflation, over three years." read more