RAJ REPORT

Electricity PRIVATISATION —-NSW will privatise——–LET’S start by busting the myth that public ownership has protected NSW families from inflated electricity bills. A Sydney family pays about $800 a year for their electricity network charge — the cost of getting electricity from the generator to their home — to use five megawatt hours of electricity. That’s $200 a year more than a Melbourne family. The NSW electricity networks are publicly owned and in Victoria they are owned and operated by the private sector.

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LET’S start by busting the myth that public ownership has protected NSW families from inflated electricity bills. A Sydney family pays about $800 a year for their electricity network charge — the cost of getting electricity from the generator to their home — to use five megawatt hours of electricity. That’s $200 a year more than a Melbourne family.

The NSW electricity networks are publicly owned and in Victoria they are owned and operated by the private sector.

It’s the same story with costs.

Historically, NSW networks have capital investments double that of Victoria. Yet annual operating costs per customer in NSW are 60 per cent higher than Victoria. Higher operating costs and higher historical network investment are key factors driving regulated electricity charges paid by families and businesses in NSW.

 

Powering Australia.

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