My Truth column published April 25 - May 1:
Apparently the electricity market isn’t operating correctly so consumers pay too much.
Like petrol, it seems suppliers have formed unofficial price-fixing
cartels. While each operator maintains an acceptable market share and
profits are good, they don’t compete hard.
The wide price variations seen in clothing or food (two other
essentials) don’t occur.
With power the retailer buys from the
wholesaler – or generator.
Norman Shearer (let’s call him Little Norm) says forcing down the
generator’s price with state legislation – or price-fixing – will stop
the problem of … price-fixing. Why?
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