Aurora sale collapses causing fear of Power Price Increase

The Government has discarded plans to sell Aurora Energy’s customer base causing Tasmania’s main welfare lobby group concern that power prices will increase. Aurora Energy a state-owned company will now lose its retail monopoly next July because the government abandoned plans to sell due to not attracting high enough bids. In the past decade power prices have doubled. With the climate in Tasmania being so cold compared to other parts of Australia, Tasmanian households use more electricity on heating therefore using more of their income to pay electricity bills. There are fears the situation will now get worse which will...

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