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NSW power sale: prices to rise after court win

Geoff Winestock
Geoff WinestockEditorial writer
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The NSW government appears to have scored a partial win in a bid to push up average household electricity prices by as much as $560 a year, in a court decision that could help the Baird government privatise electricity networks.

But the case is so complicated that it threatens to delay NSW premier Mike Baird's plans to sell long-term leases for 50.4 percent of two of its three remaining electricity network companies. It sold Transgrid for $10.3 billion last December.

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Geoff Winestock writes on News specialising in Politics, Economy, Policy. Connect with Geoff on Facebook and Twitter. Email Geoff at gwinestock@smh.com.au

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    Original URL: https://www.afr.com/news/politics/nsw-power-sale-prices-to-rise-after-court-win-20160225-gn45h6