way undervalued, page-43

There are a total of 56 recommendations put through by ACCC and a few of them relate to B2B energy retailing. There are also components of the report that directly hold govt. policies to be the reason for energy prices for example solar subsidies to the people who can afford it only to pass on price increase to those you cant. Another recommendation relates to write downs of costs associated with network infrastructure...poles, wires (cost of all this stuff has gone up) etc. Obviously not all these recommendations will be implemented and of course some of these recommendations will impact retailer margins which will probably be offset to some extent by a drop in network charges and recent implemetation of "Power of Choice" wherein retailer take on the responsibilty to replace old meters with smart meters which have not really led to a drop in network charges! (Hmmm...wonder why??) There is a whole lot more in the report which cannot really be tabled for a discussion in its entirety.

All in all I think the recommendations were fair from a consumers perspective and balanced from a gentailers perspective.