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Power bills could become as simple as buying milk
Published 5 days, 15 hours ago
Description
Australia's Energy Market Commission has proposed simplifying power bills by replacing complex pricing structures with a single shelf price, similar to buying milk at a supermarket. The reforms would shift the responsibility of managing demand charges, time-of-use windows and network tariffs from consumers to retailers and service providers. Modelling suggests the overhaul could save households between $40 to $80 annually by 2040, though implementation would take years.
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