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AAP
AAP
Business
Marion Rae

Aussies pay '$10b' too much on power bills

Australians have paid too much for electricity transmission for years, the independent report found. (Diego Fedele/AAP PHOTOS) (AAP)

Australians have been overcharged $10 billion by electricity networks making "supernormal" profits from consumers forced to use their poles and wires, data shows.

Consumers have paid substantially higher bills in the eastern states for eight years because of flaws in the regulation of prices charged for access to transmission, an independent report released on Wednesday has found.

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