Feud erupts as consumers on the hook for billion-dollar grid blowout (opens original article in a new tab)

Transgrid faces scrutiny as it seeks to pass $1.14 billion in project overruns to consumers, with the Australian Energy Regulator evaluating the proposal.

• Project EnergyConnect, a 900km powerline, faced delays and cost overruns, now expected to cost $3.6 billion.
• Transgrid seeks to have consumers, not shareholders, cover $1.14 billion in additional costs due to project issues.
• Regulators are scrutinizing whether Transgrid's handling of the project justifies shifting costs to consumers.