Electricity prices on the rise despite reregulation of the market

  • 📰 abcnews
  • ⏱ Reading Time:
  • 35 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 17%
  • Publisher: 83%

Singapore News News

Singapore Singapore Latest News,Singapore Singapore Headlines

ANALYSIS: Electricity prices on the rise despite reregulation of the market

It also told its clients AGL and Origin's margins will bottom out in the 2020 financial year once the transitional impact of the DMO/VDO regime passes through and they reap the benefits of lower customer"churn" and cost-cutting initiatives.Director of the Victoria Energy Policy Centre at Victoria University, Bruce Mountain, said it is a bit too early to assess the impact of the DMO/VDO policies.

"The debateable question is: 'will people who shopped around see deeper discounts' — there's an area of uncertainty there." Sure, the discounts won't appear as grand as the old discounts from the punishingly overpriced standing offers, but a 40 per cent discount from nosebleed territory to just plain expensive was arguably not a bargain in the first place.

Macquarie's take is the"normalisation of discounting" offered under the DMO regime will deliver AGL and Origin as much as an $80 million windfall."Discounting across the three largest retailers looks to be reset to lower levels," Macquarie told its clients.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 5. in SG
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Yeah but we still have weekends because, you know, EVs. Oh and we also don't have the death tax that the alternative government never intended to implement. So.. How good is public discourse, informed debate, false news, Facebook's policing of elections LNPfail auspol

Despite numerous promises by numerous LNP PM’s....

The subsidies for renewable energy sources that can never scale to meet national demand levels are the reason why we are paying so much for power. All that money should have gone into ensuring that power was cheaper, even if that was more state owned coal fired power stations.

Singapore Singapore Latest News, Singapore Singapore Headlines