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Australian wholesale electricity prices are falling. So when will power bills stop rising?
(www.theguardian.com)
this post was submitted on 03 Nov 2025
18 points (100.0% liked)
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It's almost like privatisation of natural monopolies makes no sense 0_0
Bring back the Victorian State Energy Commission (to be the retailer and distributor), I'm aware that it's "back", just in a very small way with renewables generation.
Hell, private generators and commerical users can keep their purchase agreements for all I care. We don't need to nationalise every single part of the energy system (though, that'd be preferable, in my view).
But for the rest of us retail users, let's stop doing this stupid dance where you "shop around" for an electricity plan, and get a way better collective deal by bringing back public ownership of this key infrastructure.
At a minimum distribution and retail of electricity should be publically owned and operated. Obviously.
It worked just fine in the past.
Privatisation hasn't worked.