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Origin Energy managing director Grant King says the rise in...

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    Origin Energy managing director Grant King says the rise in energy prices over the period ahead is only expected to have a small impact on consumers.

    Mr King says a number of factors, such as higher network costs, higher prices for coal and gas, and the federal government's carbon pricing program, will push up energy prices.

    However, they will be mainly at the wholesale level - Mr King says a $23 per tonne carbon price will result in a 50 per cent increase in wholesale electricity prices and a doubling of wholesale natural gas prices over the next three to five years.

    http://news.theage.com.au/breaking-news-business/energy-price-rise-wont-be-huge-origin-20111020-1m9z0.html

 
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