Retail costs have recently received much attention in the draft regulated Default Market Offer, but network and wholesale costs have also risen. These two components make up the bulk of the final bill, accounting for 33-48 per cent (network) and 31-44 per cent (wholesale) of DMO 7 draft prices.
As the energy transition progresses with new network investments and the shift to renewables, storage, and gas, these costs will require closer focus.
Last week, we explored retail costs; this week, we examine the network and wholesale cost components.
