Just a reminder, the NSW government is still the major (51%) shareholder of the electricity retailers so they are in a position to lower prices if they really wanted to, but that would reduce their dividends.
The biggest problem with the electricity network is the power generation companies sell the power at the maximum demand (Whole amount sold at highest demand point) yet the retailers must sell at Kilowatt hours (actual power used). So one hour on a stinking hot day can cost twice as much money from the generators but is still restrained to actual power consumed from the distribution distributers causing them to inflate the price to cover.
Then you have the unmentioned problems associated with solar on houses as the distribution network is laid out like a large house with the fuses in the Zone substations protecting the distibutors (light and power circuits).
If we keep adding more and more solar units feeding back into the grid, all the protection in zone substation (fuses) start to not work as designed due to fault currents being fed from houses as well as from the network .
Thats just ust my rant. now for a couple of beers.