The $60 million questionmark over a gain superintendence AGL Energy gave to a annual assembly currently is another pointer to a failings of foe process within a electricity sector.
AGL downgraded stream year gain by $45 million for a expected effects of regulatory pricing decisions by a Queensland Competition Authority and a breeze pricing preference by a Essential Services Commission of South Australia (ESCOSA). The full-year outcome of a decisions, if implemented, would be $60 million, it said.
The QCA preference progressing this year to solidify sell prices and ESCOSA's breeze preference to revoke prices has already resulted in Origin Energy, that is severe a QCA decision, circuitous behind a selling and discounting in Queensland.
AGL will do a same in both a states and has also dangling any serve investment in
Read full article: http://www.telegraph.co.uk/news/politics/david-cameron/9625660/David-Cameron-all-sentences-must-have-element-of-punishment.html
Source:
http://www.news.ezonearticle.com/2012/10/22/agl-seeks-a-regulatory-circuit-breaker/
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