Alan Moran needs no intro for STT followers. Here’s another cracking piece, courtesy of Catallaxy Files
Billions wasted in economy sapping energy regulations
16 December 2016
Each year the energy regulator, the Australian Energy Market Commission (AEMC), publishes data on the make-up of electricity costs for households. This breaks down costs into three categories: environmental, regulated networks and wholesale/retail.
In Queensland federal environmental policies cost the average household $63 and state based schemes a further $128, adding 7 per cent to household electricity bills. NSW consumers get off more lightly: Commonwealth environmental schemes cost them $72 with state schemes a further $37. Victorians pay only $48 in subsidies for the Commonwealth schemes and $33 for the state schemes, while South Australians pay $62 for the Commonwealth schemes and $93 for those of the state government.
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