Electricity prices could rise during peak times under PWC proposal
Author: ABC News Date Posted:13 April 2015
Power and Water Corporation chairman Ken Clarke says electricity should be more expensive during peak times.
The way electricity prices are set in the Northern Territory should move from a flat rate to a floating one that changes every half an hour, according to the head of Power and Water Corporation (PWC).
A parliamentary inquiry into power price structures in Darwin has heard electricity prices in the NT are currently the same for any time of day.
But PWC's chairman Ken Clarke said this needed to change, because it cost the corporation more to deliver electricity during peaks.
"It follows that in an ideal world, demand for electricity at peak times should be the main driver in deciding the tariff structure," he said.
