Triple trouble: Big three electricity retailers charging twice the rate of ACT

By Peter Hannam
Updated August 16 2016 - 3:13pm, first published 11:06am
Consumers, it seems, are reluctant to pull the plug on high retail prices. Photo: Virginia Star
Consumers, it seems, are reluctant to pull the plug on high retail prices. Photo: Virginia Star
Electricity market concentration allows power plays at the wholesale and retail levels, studies find. Photo: Paul Jones
Electricity market concentration allows power plays at the wholesale and retail levels, studies find. Photo: Paul Jones

The big three electricity retailers are charging as much as triple the rate for power in deregulated markets compared with the ACT, costing consumers hundreds of dollars a year, according to a study by energy economist Bruce Mountain.

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