Submission to the Senate Select Committee on Electricity Prices
Executive Summary - Causes of electricity price increases
While in some States the key drivers of electricity price increases have been the increases to government owned network charges, in others there have been a number of factors at play that have driven these increases including costs due to the introduction of various government programs. With regard to energy retail pricing the Society believes that one of the key increases in electricity costs has been due to unregulated additional fees and charges. If these charges are not regulated through the National Energy Customer Framework (“NECF”), they will inevitably contribute to the increase in electricity prices into the future.