“This will wipe out so many businesses”: Company founder slams high energy bills despite cutting power use by one third…

Escalating power prices across Australia have made the headlines throughout this year, with Prime Minister Malcolm Turnbull sitting down with power companies to plead for better deals for businesses and households.

However, Booth says governments clearly aren’t doing enough, because even when a business like his makes a significant outlay with the intention of cutting energy use, it is still hit with confusing surcharges and rising prices.

“The federal government must act now — this will wipe out so many businesses, it will restrict the economy and could cause a recession just in itself,” he says.

Read the full article at: https://www.smartcompany.com.au/finance/economy/will-wipe-many-businesses-company-founder-slams-high-energy-bills-despite-cutting-power-use-one-third/