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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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