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posted on:
May
15
2016

Queenslanders paying 40pc too much for electricity

 

Source: Courier Mail. 15 May 2016


A NEW report has found the overvaluing of Queensland’s electricity networks has left consumers paying 40 per cent more for power than they should be, but there could be a glimmer of relief, with price deregulation coming.


Consultant Hugh Grant, a member of the Australian Energy Regulator’s consumer challenge panel, this week presented a 150-page report to the Palaszczuk Government and Queensland Productivity Commission detailing how households and small businesses are punished by artificially inflated regulatory values applied to state-owned Powerlink, Energex and Ergon.


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