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POWER prices in Queensland are set to soar more than predicted

31 May 2013

POWER prices in Queensland are set to soar more than predicted.

Under a ruling from the Queensland Competition Authority, the standard household tariff will jump to 26.730 cents per kilowatt hour from 23.1 cents.

However, the greatest sting will come from new higher fixed fees.

Households will pay 50.22 cents fixed for access to tariff 11 compared to 26.2 cents currently.

This is an increase on the QCA's original draft fixed fee of 47 cents under which the average bill was set to increase by 21 per cent.

The increase in tariff 11 will add $266 to the average annual electricity bill.

However, with the standard hot water tariff increasing 11 per cent, overall bills will rise further than this figure.

The details have been revealed in the latest Government Gazette.

Comments are being sought from the Newman Government.

Opposition treasury spokesman Curtis Pitt said Premier Campbell Newman had "betrayed Queensland families".

"Campbell Newman promised Queenslanders, in writing, that he'd lower their power bills," Mr Pitt said.

"It was a reckless promise and clearly a shameless pre-election stunt that Mr Newman never had any intention of honouring.

"Queensland families already struggling to pay their bills will be devastated by Mr Newman's broken promise."

 

Source: Courier Mail

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