Imagine a parallel universe where oxygen isn’t freely available but is a product for sale. Those responsible for the market are asked to ensure it is efficient.
And the oxygen market is wonderfully efficient. Lots of businesses make money selling oxygen and getting it to people’s homes, and only 18,000 NSW households are disconnected from oxygen due to non-payment!
Welcome to the discussion on electricity prices in 2012, where vociferous political debate on electricity pricing is cold comfort to those struggling to stay connected to their energy supply, write Carolyn Hodge and Edward Santow.