Record network productivity leading to lower power bills

A report released today has found that Australian electricity networks are improving their productivity at the fastest rate in more than a decade, leading to lower customer bills.

The Australian Energy Regulator’s (AER) annual benchmarking report tracks the performance of electricity networks and this data informs the amount networks charge their customers.

Welcoming today’s report as an indicator that the hard work by energy networks over a number of years is bearing fruit, Energy Networks Australia CEO Andrew Dillon said that Australians want answers as to why their bills continue to spike.