Example of gold plating being pass onto consumers:
A huge vacant lot running between the two streets was purchased by Ausgrid (then called Energy Australia) back in 2009 for $75 million to house an electricity substation which the company told regulators was needed to prevent blackouts.
In fact, eight years later, the substation has not been built and won't be until at least 2021 if at all. Ausgrid realised it didn't really need a substation in that location.
Yet Ausgrid has already slapped about $40 million extra on to NSW electricity users bills to pay for the cost of buying the site and it is now going to court against the Australian Energy Regulator to demand even more.
https://www.copyright link/business...necessary-sydney-cbd-property-20170605-gwkgb6
