How to escape the gas death spiral

Australia’s gas network rules are outdated — and consumers are paying the price. Energy Consumers Australia (ECA) warns that without reform, vulnerable households could be trapped in a ‘gas death spiral,’ facing ever-rising bills as others switch to electric. To fix this, the ECA wants new gas users to cover the full cost of new connections, stopping the $11 billion gas asset base from ballooning further. They’re also pushing to limit accelerated depreciation of gas infrastructure that shifts financial risks from network investors onto consumers, and to require gas networks to be more transparent and plan properly, as electricity networks already must. Finally, they want fairer, cheaper disconnection options so households can leave gas without punishing fees. Brian Spak, General Manager of Advocacy and Policy at ECA, explains how these changes could protect consumers, reduce stranded asset risks, and make the transition to clean, all-electric living more affordable.