Consumers made to pay for electricity networks super-profits. What’s the scam? – Michael West

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A new report exposes Australian electricity networks’ supernormal profits of $11B, on top of ‘normal’ profits of $16B since 2014. In 2022 alone, the super profit represented between $80 and $400 annually per customer. What’s the scam?

Source: Consumers made to pay for electricity networks super-profits. What’s the scam? – Michael West