Solar energy shift leaves taxpayers with unwanted power assets

SARAH FERGUSON, PRESENTER: While Federal Parliament is still debating the future of the carbon tax, a major shake-out of Australia’s energy sector is already under way.

Many Australian households have taken action to lower their carbon footprint, dramatically reducing their energy consumption by switching to rooftop solar.

At the same time, taxpayers are carrying the costs for recent unnecessary investments in State-owned electricity networks and the experts warn of the potential for billions of dollars of stranded assets.

Matt Peacock reports.