One cannot fail to notice that the upward movement of electricity prices is becoming a hot topic right across the country. As a topic it has moved from the business pages to the tabloids and talk back radio. That is not likely to be a formula for sensible decision-making. The frequent question is how can prices be going up so much even before we have an emissions trading scheme? In most, if not all cases, network investment is the major driver, at least for now. Once we do have a price on carbon, the wholesale cost of electricity will take us on a similar upward spiral.
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