Consumer and business groups call on regulator to slash energy bills

Consumer and business groups call on regulator to slash energy bills

Australians are paying unfair premiums for energy transmission infrastructure while many struggle with cost of living pressures, consumer groups claim.

Calls grow for lower energy network rates to ease household bills

Buried in your electricity bill, behind the kilowatt hours and daily charges, sits a cost most of us never think about. It covers the poles, wires and substations that carry power to your home. Right now, a coalition of consumer, small business and social groups reckons you are paying too much for it. What exactly are they asking for? The groups have written to the Australian Energy Regulator (AER) calling for a lower Rate of Return Instrumen…

Consumer groups say energy networks profiting from RORI

Consumer, small business, and social sector groups say energy networks are profiting unreasonably from a complex regulatory process known as the Rate of Return Instrument (RORI) at the expense of households and small businesses. The RORI is a binding regulatory rule made every four years by the Australian Energy Regulator (AER). It sets the mathematical formulas and parameters used to calculate the allowed rate of return—essentially the profit a…