Forced sale

Sunday Mail - - LETTERS -

PE­TER Schulz (“Power prof­its”, Let­ters, 5/11/17), be­lieves that it would be fool­ish to sell a pub­licly-owned and op­er­ated sys­tem – re­fer­ring to ETSA.

What would be fool­ish is to over­look the rea­son why ETSA was sold 18 years ago.

Does the col­lapse of the State Bank ring any bells, Pe­ter? It was sold to save South Aus­tralia from slid­ing into bank­ruptcy due to the $2.5 bil­lion debt left in the after­math.

It would also be fool­ish to ig­nore the fact that elec­tric­ity prices only be­gan to es­ca­late since 2009 – 10 years af­ter the sale of ETSA. RUTH GILL Kens­ing­ton Park

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