Soaring electricity costs putting SMEs under ‘unacceptable pressure’, ACCC inquiry finds

By James Harkness · 17 October 2017 · Locked

Soaring electricity costs putting SMEs under ‘unacceptable pressure’, ACCC inquiry finds

Electricity costs suffocate Aussie SMEs

A crippling rise in electricity costs is putting small businesses under immense pressure, but a new inquiry is shedding light on the shocking truth. Will the truth behind Australia's electricity market be enough to spark change?

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Summary

Rising electricity costs over the past decade are a “drain on business productivity,” according to the Australian Competition and Consumer Commission’s inquiry into the national electricity market. The commission’s preliminary report into retail electricity pricing highlights concerns about the operation of the National Electricity Market, which pose an “electricity affordability problem” for consumers and businesses. […]

Tags: Accc, Competition, Cost, Electricity, News, Retail, Small Business