Thursday, May 29, 2014

D-Day for power prices with electricity bills to rise - Toowoomba Chronicle



QUEENSLANDERS to learn how hard they will be hit by higher power prices.QUEENSLANDERS to learn how hard they will be hit by higher power prices.


QUEENSLANDERS will today find out how much extra they are going to pay on their power bills each year.


Just days before the LNP Government releases its final state budget for this term, the Queensland Competition Authority will publish its final decision on increasing the cost of electricity.


The QCA is expected to stick closely to its draft decision made in December last year that put the increase by $192 per year for the average user, from $1407 to $1599.


The numbers assumed Australia would keep its carbon tax.


If abolished, electricity bills would rise $76 a year, to $1483.


The Queensland Opposition is already on the attack over the expected increase, pointing to a promise by the LNP before its election to reduce the cost-of-living for Queenslanders.


Shadow treasurer Curtis Pitt told ABC Radio the Premier was yet to deliver the $120 per year in savings he promised.


Mr Pitt said it was wrong of the government to blame the carbon tax for the increases because the Premier knew there would always be a carbon tax and it should have been included when numbers were crunched.


He said the carbon tax contributed just 3% to electricity bills, although the QCA estimates this to be closer to 8%.










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