Australian households could save an average of up to $250 per year in electricity bills and avoid unfair cross subsidies of up to $650 per year under a proposed new standard for network tariff reform.

Australia’s electricity transmission and distribution network providers have proposed a national approach to fast-track the benefits of electricity tariffs which reward consumers for contributing to lower network costs.

Energy Networks Association CEO John Bradley today released the Position Paper Towards a National Approach to Electricity Network Tariff Reform and independent analysis addressing the benefits of fairer electricity prices in Australia.