Normal
The big problem with energy isn't the means of generation, although that does play a role, but the structure of the industry.Best explained by saying almost half the consumer's bill isn't paying for any physical generation, transmission or distribution of electricity but is instead going to "overhead" costs.And that's overhead costs additional to the overheads wrapped into the cost of generation, transmission and distribution.Now realise this same problem applies across much of the economy and that's the point where so much becomes clear.
The big problem with energy isn't the means of generation, although that does play a role, but the structure of the industry.
Best explained by saying almost half the consumer's bill isn't paying for any physical generation, transmission or distribution of electricity but is instead going to "overhead" costs.
And that's overhead costs additional to the overheads wrapped into the cost of generation, transmission and distribution.
Now realise this same problem applies across much of the economy and that's the point where so much becomes clear.
Hello and welcome to Aussie Stock Forums!
To gain full access you must register. Registration is free and takes only a few seconds to complete.
Already a member? Log in here.