{
  "id": 19500128,
  "title": "Someone tell Bowen that it’s total power costs that matter, not wholesale",
  "url": "https://urgent.news/2026/11/11/someone-tell-bowen-that-its-total-power-costs-that-matter-not",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-11-11T13:01:43.000Z",
  "source": {
    "name": "MacroBusiness",
    "slug": "macrobusiness",
    "url": "https://www.macrobusiness.com.au/2026/11/someone-tell-bowen-that-its-total-power-costs-that-matter-not-wholesale/"
  },
  "original_language": "en",
  "account": null,
  "summary": "Recall that Labor promised before the 2022 federal election to reduce average household electricity bills by $275 by 2025. This modelling was subsequently used as the basis of Labor’s fantastical 82% renewable energy target (RET), which became the foundation for the fanciful CSIRO GenCost Report and AEMO’s Integrated System Plan. Labor’s pledges were then smashed The post Someone tell Bowen that…",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}