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Marion Rae

DARK SECRETS: Call to curtail supernormal profits in energy network - The Real Truth

Electricity IEEFA Inflation

Excessive profits will continue without changes, independent analysis warns. (Diego Fedele/AAP PHOTOS)

Energy networks have been accused of inflating power bills by generating profits over and above levels that should be allowed by regulators.

A report by the independent Institute for Energy Economics and Financial Analysis (IEEFA) accuses electricity networks of "unearned supernormal profits" of $11 billion on top of "allowed" profits of $16 billion during the past nine years.

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