It has been reported that electricity prices in Western Australia will rise by 5% in 2013. Many people believe that this is a result of the 2006 decision to split Western Power into four state enterprises. Some economics experts have claimed that this move has led to unnecessary competition and higher prices.
Experts claim that the divided businesses are now competing and interfering with one another. Some business officials are now working internally on how they may bring the businesses back together. While no decision has been made, experts claim that Verve and Synergy should never have been separated in the first place.
The reason behind the pricing increase is not something that is going to be of interest to consumers. All customers will know is that their electricity bill has increased. Many consumers will be angered by this information. One of the worst ways businesses deal with price increases is avoiding telling the customers about them. This usually results in the customer receiving a bill that they have not budgeted for. This only infuriates them further.
Electric companies that want to keep their customers should inform them of the price increase before it happens. The easiest way to do this is to use printing services to create a notice. This notice can then be sent out to electricity customers in areas such as Bellvue. Customers who are informed of changes beforehand tend to be less angry than those who are not warned of price increases.
