Today's Auditor-General report confirmed Annastacia Palaszczuk has been using electricity as a secret tax and Queenslanders are paying the price through higher electricity bills.
Opposition Leader Deb Frecklington said the rising cost of electricity was one of the biggest issues raised with the LNP and was putting household budgets under pressure.
"Today's report confirms what the LNP has been saying all along, that Labor is using electricity bills as a secret tax," Ms Frecklington said.
"Total returns to the State Government amounted to $2.3 billion in 2017/18, and yet Labor only gave back $1.1 billion to consumers.
"That's a profit increase of more than 15 per cent in the last two years, with electricity generation returns to government more than doubling to almost $1 billion.
"It's a money merry-go-round that has seen record profits for government and increased prices for Queenslanders.
"The LNP has a plan to reduce skyrocketing electricity prices through long-term reform that promotes greater competition by restructuring the generators and sharing the benefits of shopping around to regional Queenslanders."
Shadow Minister for Energy Michael Hart said the LNP's plan is backed by the ACCC and Labor's own Productivity Commission.
"We have listened to the concerns about rising electricity prices and the pressure they are putting on household budgets," Mr Hart said.
"While Labor are focused on lining government coffers, the LNP has a plan to bring down electricity bills for consumers.
"This adds to the five other taxes already announced by Annastacia Palaszczuk and Labor, without ruling out any more as well.
"Pensioners are being ripped off and families are struggling enough as it is with rising water costs, skyrocketing petrol prices and the highest car registration in the country.
"Only the LNP has a plan to reduce electricity bills that puts the interests of Queenslanders first."