If an annual shortfall occurs major energy players are required to pay penalties to the federal government, with the costs being passed on to consumers. Australian analysts predict that the country is currently at risk of missing its 2020 renewable energy targets, and if it does, consumers will be forced to foot the bill for penalties. The government has been under pressure from industry groups over a plan to impose penalties on customers who exceed their electricity consumption targets.
Australian analysts predict that the country is currently at risk of missing its 2020 renewable energy targets, and if it does, consumers will be forced to foot the bill for penalties. The government has been under pressure from industry groups over a plan to impose penalties on customers who exceed their electricity consumption targets.