"A demand management incentive scheme – touted as the biggest...

"A demand management incentive scheme – touted as the biggest game-changer in network spending seen in Australia – has finally been approved by the country’s regulators. But it has come nearly a decade later than it should.

The scheme is designed to encourage networks to invest in things other than poles and wires – the equipment that makes up around half of Australia’s outrageously high electricity costs.

These include providing incentives to minimise air conditioning use at times of peak demand, and will now be likely used to encourage more solar, more battery storage, and the creation of mini and micro-grids rather than building or replacing poles and wires."

http://reneweconomy.com.au/biggest-game-changer-on-network-spending-approved-a-decade-late-25198/