Victorian Government to fight electricity price rises over smart meter cost overruns (Victoria Australia)
Updated 11 Oct 2014
A plan by the state’s electricity suppliers to make households pay for a blowout in the budget for the installation of smart meter across the state has been rejected by the Victorian Government. The state’s Energy Minister was responding to a report by News Limited that suppliers had asked the Australian Energy Regulator to approve household price increases to cover hundreds of millions of dollars worth of cost overruns by the companies. That could add hundreds of dollars to yearly power bills.