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    Coat of ArmsMedia Release
    Minister for Energy and Water Supply
    The Honourable Mark McArdle

    Newman Government keeps cost of Living Commitments

    Minister for Energy and Water Supply
    The Honourable Mark McArdle

    Monday, April 23, 2012

    Newman Government keeps cost of Living Commitments

    The burden of soaring domestic power bills will be eased, with the Newman Government keeping its commitment to freeze the standard electricity tariff (tariff 11).

    Minister for Energy and Water Supply Mark McArdle said today that State Cabinet had approved measures to fulfil the government’s key election pledge to rein in electricity prices.

    “Queenslanders told us the biggest issue they faced was the rising cost of living. Power bills are one of the biggest contributors,” Mr McArdle said.

    “We promised to freeze tariff 11 as a way to alleviate the pain. We’re proud to have kept that commitment. The Government will be freezing tariff 11 for 12 months commencing 1 July 2012.”

    Mr McArdle said draft figures from the Queensland Competition Authority (QCA) show the previous system for calculating residential electricity tariffs would have seen a 20% price rise for many households in 2012-13.

    “The Queensland Government commitment to freeze tariff 11 will provide savings of around $120 a year compared to estimates of the old system of electricity price setting,” he said.

    “These are real savings and a stark contrast to Labor, which added around $700 per year to household power bills.”

    Mr McArdle said he will be introducing urgent legislative changes into the Queensland Parliament to enact the Tariff 11 price freeze and issuing a new directive to the QCA.

    “Despite the freeze of tariff 11, power bills will still increase because of the introduction of the Commonwealth Government’s carbon tax from 1 July,” he said.

    “The Newman Government’s plan to improve the cost of living will also require the cost of the Commonwealth Government’s carbon tax to be shown separately on all residential electricity bills.

    “This will also be subject to legislative amendments I will take to Parliament.”

    Mr McArdle said the government is also committed to electricity tariff reform in Queensland and is establishing a review to consider future pricing options and strategies to address cost pressures.

    [ENDS] 23 April 2012

    Media Contact: Kate Collins 0412 211809 / 389 63690