Consumer and business groups call on regulator to slash energy billsAustralians are paying unfair premiums for energy transmission infrastructure while many struggle with cost of living pressures, consumer groups claim.2 min read

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Consumer, small business and social sector groups are calling for a rethink of rates being paid by energy users to cover the costs of network infrastructure.The collective of organisations is urging ...

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href=https://7news.com.au/news/energy-regulator-urged-to-slash-electricity-bill-premiums-to-ease-cost-of-living-c-22766864><strong>7NEWS</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Consumer, small business and social sector groups are calling for a rethink of rates being paid by energy users to cover the costs of network infrastructure.The collective of organisations is urging ...</p>\n\n<a href=\"https://7news.com.au/news/energy-regulator-urged-to-slash-electricity-bill-premiums-to-ease-cost-of-living-c-22766864\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"SG9999014005.SGD","symbol_name":"United Global Durable Equities Fund Acc 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investment in energy networks is crucial, costs should be recovered at the lowest level necessary.Know the news with the 7NEWS app: Download today ArrowBrendan French, chief executive of Energy Consumers Australia which is among the groups calling for change, said a billion dollars of consumers’ money was being poured down the energy network drain.“That’s money that can and should be back in Australians’ pockets for other essentials,” he said.Consumer and business groups say people are being slugged too much to support power infrastructure.  Credit: AAP“The AER needs to put consumers first and not let energy networks needlessly profit from this complex regulatory process.”The regulator is reviewing the Rate of Return Instrument and has been accepting submissions, with a final decision due in December.French said while a draft proposal by the regulator addressed some of the billion-dollar premium, it doesn’t go far enough.“Our joint letter to the AER makes a simple request - maximise every cent possible back to households and small businesses facing cost-of-living pressures,” he said.Be the first to know: Add 7NEWS as your preferred news source on GoogleAustralian Council of Social Service chief executive Cassandra Goldie said energy networks were continuing to make significant profits at a time when some people were struggling to heat their homes in winter, keep cool in summer and put food on the table.“The AER’s proposed changes, while welcome, do not go far enough given the significant impacts electricity prices are having on inflation and cost-of-living,” she said.“The AER must implement further measures to reduce unnecessary network profits.“Its job is not to strike a ‘balanced outcome’ between energy networks and consumers. Its job is to put people first.”Man charged after alleged hit-and-runJames Hird responds to Essendon ‘disappointment’ with surprise job reveal3 min read","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":false,"editions":null,"column":"","sentiment":"-1","news_tag":"","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":false,"need_login_tip":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"isLaohu8Offline":false,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.47.1","shortVersion":"4.47.1","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2661124605","isCrawlerRequest":true}