Turnbull government uses modelling to pressure states on energy policy

Modelling suggests household power bills between 2020 and 2030 would be $120 a year lower, in today's dollars, under policyThe Turnbull government has deployed new modelling on the national energy guarantee in an effort to step up pressure on state governments to sign up to its policy at a meeting of energy ministers on Friday.A summary of the modelling, circulated by the government in advance of the talks with the states, suggests household power bills between 2020 and 2030 would be "in the order of" $120 a year lower, in today's dollars, than under a business-as-usual scenario, if the policy applied across the national electricity market. Continue reading...