A Senate Select Committee on Electricity Prices has been  formed by Parliament to undertake a detailed inquiry into the key causes of electricity price increases over recent years and those likely in the future.

 

The inquiry will examine legislative and regulatory arrangements and drivers in relation to network transmission and distribution investment decision making and the consequent  impacts on electricity bills, and on the long term interests of consumers. It will also look at options to reduce peak demand and improve the productivity of the national electricity system.

 

Another focus of the inquiry is mechanisms that could assist households and business to reduce their energy costs.

 

Submissions should be received by 14 September 2012. The reporting date is 01 November 2012. More information is here.