Consumers let down badly by electricity market: ACCC report

A new report by the Australian Competition and Consumer Commission says that the electricity market is unfair.

'The Australian Competition and Consumer Commission has called for sweeping reform of the national electricity market to lower power prices and restore consumer confidence.'

'In its damning report, to be released on Wednesday, the ACCC says consumers face a confusing and unfair market. Discounts are misleading and need to be made fairer; customers should be able to compare these against a benchmark rate set by the Australian Energy Regulator.'

Do you feel let down by the energy market?

Authored by Michelle Grattan in The Conversation Australia

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