Acting CEO of the Independent Consumer and Competition Commission (ICCC), Avi Hubert, tells Loop PNG that this is not necessarily the case as there are other factors that affect the price.
“There are other utility costs, issues of law and order, (and) security, those are the cost and how it can affect retail price,” he said.
The issue was raised by CEO of the Manufacturers Council of PNG, Chey Scovell, who said the high cost of electricity, among other costs, was scaring potential investment and killing domestic businesses.
