Power bills 'skewed against consumers'

South Australian senator Nick Xenophon has claimed that the current regulatory framework in the Australian energy industry is skewed against consumers and leaving them to pick up excessive costs.

Power bills are a major problem facing many Aussie homeowners at the moment, with concerns that they will be forced to dip into their savings accounts to pay for spiralling living costs.

A recent study by Choice showed that 55 per cent of households are very concerned about the amount they are paying for energy, according to the Sydney Morning Herald.

Senator Xenophon has recognised this problem, stating that the government should be considering "federal control over electricity rules in this country so that consumers can get some price relief".

This follows the claim from Energy Retailers Association of Australia executive Cameron O'Reilly that network changes and green schemes have forced the industry to increase prices, given the high levels of risk they need to take on.

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