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It's pretty much the same everywhere. Governments split up the industry and created a "market" that does not naturally exist, adding new costs which the various companies "compete" to reduce but never back to what they were originally.
The outcome is the same in most places. Prices are higher in 'real terms' today than before all the reforms started. The old state-run monopolies did have their inefficiencies but were cheaper than what we've got today.
That's exactly right, in W.A the price has doubled since the industry was opened up to competition, yet the cost to generate hasn't moved much at all.
Now we have a situation where State owned generators are being shut down, to try and force the private suppliers to run their plant.
Increasing the price doesn't seem to have encouraged competition, it has resulted in more installed generation, that gets paid capacity payments to sit there and do nothing.