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I've always opposed selling off NSW's state-owned electricity networks, because that will just lead to price rises in short order (well above the already-high c
by flashman 11y ago
I've always opposed selling off NSW's state-owned electricity networks, because that will just lead to price rises in short order (well above the already-high cost of power). However, if storage plus home generation takes off, those networks are going to be worth pennies on the dollar, and we should probably sell them off as quickly as possible... then buy them back when the investors are ready to take a bath.
- hiharryhere 11y agoI had the exact same train of thought while reading the article. Taking a long term view it does make sense to flog them sooner rather than later.