Fears of $400 million-a-year power price gouge trigger probe

Australia’s energy watchdog will investigate suspicions that electricity networks and gas pipelines have overcharged consumers by $400 million a year to cover their corporate tax bills.

Network charges have been the single biggest factor in rising household electricity bills over the past decade. The charges cover the cost of the “poles and wires” used to transmit and distribute electricity.

via Fears of $400 million-a-year power price gouge trigger probe

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