Record demand for power produces record budget

Mines and Energy Minister Geoff Wilson told State Parliament today that a record demand for power was the major driver in Ergon Energy’s electricity infrastructure plans for regional Queensland.

Mr Wilson announced that almost $800 million would be spent by Ergon Energy on their capital expenditure this financial year.

“Ergon Energy will target capital works in their budget, as part of a long term strategic plan to provide a secure and reliable power supply for people who live and work in regional Queensland,” Mr Wilson said.

“Ergon Energy’s biggest immediate challenge is to meet the high demand for connections and network extensions.

“The big winners in Ergon Energy’s budget are domestic and commercial customers,” he said.

The Minister said Ergon Energy’s works program would focus on a number of major infrastructure projects.

“It’s a substantial investment in the regions and will focus where the need is greatest – in those growth areas.

“The backbone of the work scheduled for the new financial year will be carried out in 13 major Queensland centres.

“This is good news for households and businesses in Cairns, Townsville, Airlie Beach, Mackay, Rockhampton, the Capricorn Coast, Bundaberg, Agnes Water, Maryborough, Hervey Bay, Toowoomba, Warwick and Dalby.

“They will be the big winners,” he said.

The Minister said demand management would continue to be an important component of Ergon Energy’s network strategy.

“Our strong economic growth, rapidly-growing population and the increasing popularity of air conditioners are the main drivers of this demand,” he said.

Mr Wilson said more than $80 million had been earmarked for vegetation management.

“$10 million has been set aside for cyclone-prone communities through Ergon Energy’s CARE program.

“When disaster strikes, Ergon Energy swings into action. Ergon Energy has the capacity to move hundreds of people around the state to help deal with whatever nature throws at the electricity network.

“This is timely given dire weather bureau predictions of more severe storms on the horizon.

“When the next one strikes, we should spare a thought for the Ergon Energy workers who will be out in that bad weather restoring damaged powerlines, instead of relaxing at home with their families.

“It’s not a 9 to 5 job. It can be hazardous and for that we owe them our thanks,” Mr Wilson said.

Media Inquiries: Ellen McIntyre 3225 1819