Insights

Sunday explainer: why is electricity so expensive?

Power is expensive in Australia. Even in Victoria, it’s more expensive here than in most other places around the world.

But wait! Why should this be? Don’t we have massive coal reserves? And don’t we burn coal for almost all our energy? Why should we pay through the nose?

http://www.theage.com.au/business/sunday-explainer-why-is-electricity-so-expensive-20150925-gjvdrj