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    Minister for Main Roads, Road Safety and Ports and Minister for Energy, Biofuels and Water Supply
    The Honourable Mark Bailey

    Queensland Electricity Bills Stable, Interstate Bills to Rise after Successful Appeal

    Minister for Main Roads, Road Safety and Ports and Minister for Energy, Biofuels and Water Supply
    The Honourable Mark Bailey

    Friday, February 26, 2016

    Queensland Electricity Bills Stable, Interstate Bills to Rise after Successful Appeal

    New South Wales electricity users are going to be paying higher electricity bills due to an Australian Competition Tribunal decision today, while Queenslanders’ will remain stable after keeping their assets in public hands.

    Energy Minister Mark Bailey said the Queensland Labor Government – as the owner of these businesses on behalf of the people of Queensland – directed Energex and Ergon to not appeal the AER decision late last year, which will help to deliver price stabilisation over the next four years.

    “Electricity networks in NSW and Victoria and the ACT all appealed the decision – and won – meaning there is likely to be increases of $150-$300 a year to their electricity bills,” he said.

    “In recent years there have been very few meetings or conversations I had with Queenslanders where their skyrocketing electricity bills weren’t mentioned.

    “The price increases of 43% in three years under the former LNP Government hurt ordinary Queenslanders.

    “But what made it worse was the threat that our energy providers would be sold off to the private sector, taking control of those businesses away from the Government and placing it into the hands of those whose number one goal was to protect profits, not consumers. 

    “That’s exactly what is happening in other states.

    “Queenslanders got it right when they elected a Labor Government at the last election, and saved their energy assets from sale.”

    Mr Bailey said the Palaszczuk Government will help to deliver stable Queensland electricity prices over the next few years.

    “The Newman years of painful electricity price surges are over – enough is enough,” he said.

    “That won’t be the case in NSW.

    “This decision to lock in better electricity price outcomes for Queenslanders shows the Palaszczuk Government understands the pain many Queenslanders experience at bill time and we’re locking in the gains by the umpire over coming years.”

    ENDS

    Media Contacts:     Minister Bailey          Tim Shipstone          3719 7321