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The problem WA gov has is with the electricity generators not...

  1. Beffa
    1,116 Posts.
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    15/11/08
    12:07
    Post #: 4501412
    The problem WA gov has is with the electricity generators not the distribution network.

    When Alan (spin doctor)Carpenter split up SECWA he promised that electricity prices would not rise for X years. So far that has happened but in that time cost of generation has soared. Electricity prices now need to be increased by around 50% just to break even.

    Expect price rises every year of around 10 to 15% for WA

    BBI Price at posting: 6.7¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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