The Institute for Energy Economics and Financial Analysis claims electricity network providers have taken $2bn from customers in ‘superprofits’ in just one year, or 2.5 times the level needed to compensate shareholders for risk, the Institute for Energy Economics and Financial Analysis claims in a new report.
The Institute for Energy Economics and Financial Analysis claims electricity network providers have taken $2bn from customers in ‘superprofits’ in just one year. Ieefa found network firms had extracted about $11.
1bn since 2014, including $2bn in the 2022 fiscal year alone.
Electricity Network Providers Superprofits Customers Report
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