How power companies justify another price hike

We’re being told to expect our electricity bills to go up again this year.  

So why is it that we keep seeing hikes above the inflation rate and are extra government subsidies in this week's budget the best solution? 

Today, energy expert from the Grattan Institute Alison Reeve explains why consumers keep being slugged and what the long-term outlook is for our power costs. 

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Alison Reeve, energy and climate change deputy program director at the Grattan Institute