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Electricity companies’ ‘short sighted’ behaviour passes ‘soaring’ costs to consumers: report – NEWS.com.au

Electricity companies’ ‘short sighted’ behaviour passes ‘soaring’ costs to consumers: report

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Australias electricity systems are poorly maintained, dangerous and at risk of failing, a damning new report has revealed.The power network is a piece of critical infrastructure and should be treated as such, according to researchers from left-wing think tank Australia Institute.
But the providers have their priorities all wrong, prioritising profits over upkeep and passing the “soaring” costs onto consumers, the researchers claimed.
The research found companies spent too much money on office managers…

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