The state government has announced its intention to phase out its $500 million-plus annual electricity subsidy within the next four years, paving the way for deregulation allowing households to buy their electricity and gas from competing suppliers.
As the state’s review of its electricity market seeks to turn the system on its head, investors protecting their interests have argued strongly to keep Western Australia out of the national electricity market (NEM).
Energy Minister Mike Nahan’s launch today of the first review of the state electricity market since Western Power was disaggregated in 2006 has drawn a mixed response.
06 Mar 2014
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