Families in Glasshouse will save $780 over three years, on average, under the LNP’s planned reforms to electricity pricing.
Annastacia Palaszczuk and Labor have driven electricity prices to record highs, and as a result families just can’t get ahead.
Network charges and wholesale power pricing account for more than two-thirds of your power bill.
The LNP will write down the cost of Labor’s network gold plating by $2 billion, reducing network charges by 11 per cent.
We’ll also introduce a third state-owned generator to increase competition, driving down wholesale power costs by 8.3 per cent. This reverses a disastrous Labor Party decision which has seen Queensland’s wholesale power price rise higher than New South Wales or Victoria.
Combined, our two actions will take $160 per year off a typical household bill.
We’ll save another $300 per family per year by stopping subsidies for renewable energy from 2020.
This will make a typical household $460 a year better off under the LNP than Labor.
Our energy plan, along with other policies such as our family car rego freeze, and plan to help parents with the costs of swimming lessons for bubs and toddlers, will make a real difference to your household budget.
That’s because we want to help you and your family get ahead and Build a Better Queensland.
LNP Member for Glasshouse