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CSIRO

Australian Consumers’ Likely Response to Cost-Reflective Electricity Pricing

A recent study by CSIRO’s behavioural economics team has researched how Australian energy consumers might respond to a cost reflective pricing scheme. The 79-page report concluded that “consumers find all forms of cost-reflective pricing significantly less attractive than traditional flat rate tariffs”. The report also found that “Consumers are particularly resistant to real-time pricing and…