Report reveals Labor's regional electricity rip-off

Published:

A new report has shown that regional Queenslanders are missing out on massive electricity savings because the Palaszczuk Labor Government has stacked the market against them.

The Queensland Competition Authority annual report found that residents in South-East Queensland are pocketing savings of more than $300 a year on their power bills thanks to price competition among retailers.

Small businesses in SEQ are saving more $400 a year on average.

LNP Leader Deb Frecklington said her plan to extend retail electricity competition into regional Queensland – where Labor is blocking competition – would deliver comparable savings to households north of Gympie and from Toowoomba west.

"Electricity consumers in the regions are being ripped off by Labor," Ms Frecklington said.

"Consumers in the south-east can shop around for the best energy deals from 22 different companies – but in the regions the only choice is Ergon.

"The LNP will smash Labor's electricity monopoly in the regions and ensure that every Queenslander can shop around for the cheaper electricity deals.

"The LNP's plan will deliver average savings of more than $300 for regional households and more than $400 for small businesses.

"Labor is ripping off regional Queenslanders, but the LNP will bring their power bills down."  

Shadow Energy Minister Michael Hart said a Deb Frecklington LNP Government would provide a community service obligation (CSO) to Ergon to reduce the cost of regional distribution – allowing private retailers into the regional market.

"Labor is running a regional electricity monopoly and squeezing cash from consumers who have no choice but to pay inflated power prices," Mr Hart said.

"Every electricity bill in regional Queensland comes with a secret tax that goes straight to the Palaszczuk Labor Government.

"Regional Queenslanders deserve fair electricity prices and that's exactly what the LNP's reforms will give them."

The Queensland Competition Authority's report factsheet can be accessed at this link:

https://www.qca.org.au/wp-content/uploads/2019/05/annual-report-fact-sheet-residential-nov-2019.pdf

The following tables from the report show how residential and small business consumers have benefited from the introduction of retail price competition in South-East Queensland.

Consumers who shop around between private retailers and obtain the lowest market offer can save more than $300 a year off their annual bill, on average.

cid:image002.jpg@01D5A919.506AC9F0

cid:image003.jpg@01D5A919.506AC9F0

 
Money & Finance Political Queensland Government
Social:   

Deb Frecklington : Leader of the Liberal National Party (LNP) of Queensland :
PO Box 940, Spring Hill Qld 4004, Queensland Wide
07 3844 0666
Deb Frecklington : Leader of the Liberal National Party (LNP) of Queensland
Showing 10+ recent articles for this business
Drought-stricken farmers hit with Labor tax for water meters 09 December 2019 | The Palaszczuk Labor Government's plan to slug farmers up to $100,000 to install new water meters while drought grips the state is out of touch. More information...
Flood class action appeal 06 December 2019 | Annastacia Palaszczuk must stop dragging out flood victims’ pain and decide against appealing the Supreme Court’s class action ruling immediately. More information...
Labor's Paradise Dam coverup confirmed 06 December 2019 | The terms of reference released for the commission of inquiry into the causes of the engineering and structural failures at Paradise Dam, have been exposed as a complete sham. More information...
Deb backs James Blevin in Noosa 04 December 2019 | LNP Leader Deb Frecklington has welcomed the endorsement of James Blevin as the LNP Candidate for Noosa at next year’s state election. More information...
Report reveals Labor's regional electricity rip-off 02 December 2019 | A new report has shown that regional Queenslanders are missing out on massive electricity savings because the Palaszczuk Labor Government has stacked the market against them. More information...
Deb backs Stuart Coward for Caloundra 03 December 2019 | LNP Leader Deb Frecklington has welcomed the endorsement of Stuart Coward as the LNP Candidate for Caloundra last night. More information...
Labor's Paradise Dam debacle drags on 29 November 2019 | The LNP has slammed the Palaszczuk Labor Government for its handling of the Paradise Dam debacle and keeping the Wide Bay community in the dark. More information...
Flood class action 29 November 2019 | The court’s decision today shows Labor failed to properly manage dams in the lead up to the 2011 floods. More information...
Statement from LNP Leader Deb Frecklington – Trad must go 25 November 2019 | In an unprecedented move, Labor's Speaker has been forced to refer Jackie Trad to the powerful ethics committee after a complaint by the independent Crime and Corruption Commission. More information...
Queensland regions miss out in cash splash 21 November 2019 | Regional Queensland and drought-stricken communities have missed out on crucial infrastructure funding as the State and Federal Governments play catch-up after years of chronic underspending. More information...


comments powered by Disqus

All articles submitted by third parties or written by My Sunshine Coast come under our Disclaimer / Terms of Service