Victorians who switched energy retailers only save $45 a year – leaving hundreds on the table
- Written by Bruce Mountain, Director, Victoria Energy Policy Centre, Victoria University
There has long been a vigorous debate about the many and varied reasons why electricity prices in Australia are so high. An ACCC review found retail electricity markets mostly do not work in the interests of the customer – but this is only part of the story.
Another commonly accepted theory assumes that long-term customers of an electricity...