New electicity meters for Victorians stalled

Even smarter meters mooted: The government is finalising an economic study on the viability of introducing even more sophisticated metering than recently recommended by the ESC, which is responsible for the economic regulation of the state’s energy and water essential services. The commission’s recent price review agreed the cost of installing metering services should be shared by all customers from 1 January 2006.

High and rising cost to consumers: The cost is estimated to range from about $30 a year for houses to $90 for commercial customers, increasing by more than 20 per cent in subsequent years.

The Australian Financial Review, 10/1/2006, p. 5

Source: Erisk – www.erisk.net 

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