Note: Where available, the PDF/Word icon below is provided to view the complete and fully formatted document
Disclaimer: The Parliamentary Library does not warrant or accept liability for the accuracy or usefulness of the transcripts. These are copied directly from the broadcaster's website.
Electricity costs and emissions set to rise unless urgent action taken: report -

View in ParlViewView other Segments

Electricity bills are set to rise unless there's major changes to the way the country's energy networks operate.

A new report from Energy Networks Australia and the CSIRO says more than $100 billion can be saved by encouraging households to take up solar and battery storage and then feed that electricity back into the grid.

The report says if the plan is followed, it could save the average household $400 a year on electricity bills and it could also help make the grid more stable and reduce carbon emissions.

However, the plan will work best if the Government to put a price on emissions, an approach that some members of the Coalition have rejected.

Featured:

John Bradley, CEO, Energy Networks Australia

Paul Graham, CSIRO Chief Economist Energy