The total cost to households and businesses for the upgrade to Victoria’s electricity grid, required to support the shift to renewable energy, will be more than four times the $4.3 billion figure set out in a transition road map unveiled last month.
Experts say the bill for building the network of poles and wires is likely to be more than $20 billion.
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Ryan Cropp is an energy and climate reporter at The Australian Financial Review based in the Canberra bureau.
Patrick Durkin is Melbourne bureau chief and BOSS deputy editor. He writes on news, business and leadership. Connect with Patrick on Twitter. Email Patrick at pdurkin@afr.com
