Power: Power Prices and Year Decision

power: SAPN appealed against last year decision by the regulator and had sought to earn an extra $250 million in revenue, which opponents feared would lead to a rise in retail power prices, according to Australian Broadcasting Corporation. The company is the sole owner of the state power distribution network of poles and wires. Related Story: SA Power Networks doesn't need more cash, SA Treasurer says Related Story: SA power bills fight goes to competition tribunal Related Story: Electricity bills set to fall 9.8pc for SA households Map: Adelaide 5000 The Australian Competition Tribunal has found the Australian Energy Regulator did not make any error in denying an application by SA Power Networks to collect more revenue. AER made a decision on the SAPN revenue allocation for 2015-2020, providing a total revenue allowance of $3.84 billion compared to the $4.53 billion sought by SAPN. The South Australian Government, industry and welfare groups had also opposed any move which would have increased retail power prices. Uniting Care told the tribunal that 31,666 South Australian households had an electricity debt, with the average debt being $758 and the state had the highest rate of energy customers on hardship programs. SAPN argued that AER made multiple errors and was unreasonable in its judgment and appealed to the tribunal. (news.financializer.com). As reported in the news.