The following article is from an Australian publication and refers to the deregulated electricity market in Australia.

PRICE cuts resulting from competition and efficiencies was the promises we were sold when the State Government took control of water and forced amalgamation on us.

We were also told electricity prices wouldn’t rise with deregulation. But four years later, the average family household is paying about $936 more for these necessities.

And this figure could rise again with the announcement of more rates and electricity increases from July 1.

Continue reading So much for lower cost for basics