QCA report backs LNP plan to lower electricity prices

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Business Business & Economy Energy & Water Political Queensland Government


Today's QCA SEQ retail electricity market monitoring report has once again highlighted the benefits of LNP reforms to lower electricity prices.

Shadow Minister for Energy Michael Hart said Labor needed to learn the lessons of the report's findings and implement the LNP's plan to provide retail competition to regional Queensland.

"Annastacia Palaszczuk is using electricity as a secret tax, ripping $1.2 billion a year out of the pockets of Queenslanders through sky-high electricity bills," Mr Hart said.

"This is at a time when Labor delayed LNP reforms to de-regulate the retail market in south-east Queensland, allowing people to shop around and save money on their bills.

"The LNP has backed the benefits of competition since day one, because it's good policy and common sense.

"It's staggering that these reforms were delayed for a year and are being denied to regional Queenslanders.

"There are now 22 retailers operating in the SEQ market with offers for residential or small business customers or both.

"Annastacia Palaszczuk is continuing to deny these benefits to regional Queenslanders because Labor are addicted to the profits that prop up their budget bottom line.

"The LNP under Deb Frecklington has already committed to these reforms, which would allow regional Queenslanders to shop around and save $300 a year off their bills.

"These were recommended by Labor's own Queensland Productivity Commission report.

"We don't think regional Queenslanders should be treated like second-class citizens.

"It's time for Labor to adopt the LNP plan to allow regional Queenslanders to shop around and save."

Report: www.qca.org.au/getattachment/4f81e4e4-91fd-48f4-9bc0-eee911c31413/QCA-SEQ-retail-electricity-market-monitoring-r-(3).aspx

LNP : Liberal National Party :
PO Box 940, Spring Hill QLD 4004, Queensland Wide
07 3844 0666
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LNP :  Liberal National Party
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