Reconciling energy prices and social policy

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Author(s)
Nelson, T
Reid, C
Griffith University Author(s)
Year published
2014
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Show full item recordAbstract
The regulation of retail electricity prices has been a highly contentious energy policy issue in Australia, with industry arguing for its removal on the one hand and welfare groups arguing for its retention on the other. Yet rarely is the most basic question asked: are ‘market contracts’ delivering benefits to customers? The authors contrast regulated standing supply offers in NSW, which are set at long-run economic levels, with market contracts across households of differing consumption levels.The regulation of retail electricity prices has been a highly contentious energy policy issue in Australia, with industry arguing for its removal on the one hand and welfare groups arguing for its retention on the other. Yet rarely is the most basic question asked: are ‘market contracts’ delivering benefits to customers? The authors contrast regulated standing supply offers in NSW, which are set at long-run economic levels, with market contracts across households of differing consumption levels.
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Journal Title
The Electricity Journal
Volume
27
Issue
1
Copyright Statement
© 2014 Elsevier. Licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International Licence (http://creativecommons.org/licenses/by-nc-nd/4.0/) which permits unrestricted, non-commercial use, distribution and reproduction in any medium, providing that the work is properly cited.
Subject
Applied economics
Applied economics not elsewhere classified
Policy and administration