States switch power onus onto Canberra

STATE governments lost little time in pushing back against the federal government's call for more energy market competition by asking Canberra to overhaul regulation of the sector.

After a doubling of electricity prices in parts of Australia over the past few years, much of the interest in Thursday's release of the energy white paper was on electricity sector reform.

Following privatisation in the 1990s, Victoria is the only state to open the door fully to electricity competition.

New South Wales has retained price controls for residential and small commercial users, and a review of the market is under way to assess competition and whether price controls should be removed.

All other states have retained some form of price control, which reflects the exposure of state politicians to the backlash from power price or supply problems.

Read more at Brisbanetimes.com.au


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