GOLD Coasters will have to come up with close to an extra $200 every year just to keep the lights on and fridge running after the recommended electricity prices for the next financial year were released today.
The Queensland Competition Authority (QCA) announced the recommended increases, with the average annual Queensland power bill set to rise by $191 from July 1.
Residential customers will be hit with a 13.6 per cent price hike, while small businesses will pay around 12 per cent more.
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Energy Minister Mark McArdle said the Queensland Competition Authority data showed that removing Labor’s carbon tax would save an average household around $170 in 2014-15.
“Getting rid of Labor’s carbon tax is the quickest and easiest way to reduce electricity bills in Queensland,” Mr McArdle said.
More information on the Queensland Government’s changes to the electricity sector is available at www.dews.qld.gov.au or by phoning 13 QGOV (13 7468). To view the QCA electricity price comparator, visit www.qca.org.au/compare.