Original article by Cole Latimer
The Age – Page: 18 : 13-Jul-18
The Australian Competition and Consumer Commission’s recommendations arising from its review into the retail electricity sector include the adoption of a "basic price offer" and changes to electricity discounting. Both recommendations are expected to impact most on smaller electricity retailers, and could force them to merge with larger rivals. Tony Wood of the Grattan Institute notes that the current level of competition has not necessarily benefited consumers, so they may not be worse off if there are fewer electricity retailers.
AUSTRALIAN COMPETITION AND CONSUMER COMMISSION, GRATTAN INSTITUTE, AUSTRALIAN ENERGY REGULATOR, MACQUARIE WEALTH MANAGEMENT