Queenslanders will have another $50 in their back pockets with the state government announcing another electricity discount.
Premier Annastacia Palaszczuk confirmed on Friday morning the dividend windfall – the sixth asset ownership dividend in four years – will be taken off power bills later this year.
The Premier said the government was focused on easing the pressure on household budgets.
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“Queensland households will receive $50 off their power bills later this year because we own our power assets – the generators, the transmission and the distribution,” Ms Palaszczuk said.
“Electricity providers will automatically apply the credit, so Queenslanders don’t have to apply.”
Treasurer Cameron Dick said the rebate was a dividend for the hard work and diligence of Queenslanders through the pandemic.
“From job creation to economic growth and retail sales, Queensland is leading the nation as we emerge from the shadow of Omicron,” the Treasurer said.
“It is only right that all Queenslanders get to share in the benefits that brings to our state.”
Minister for Energy, Hydrogen and Renewables Mick de Brenni said the government recognised affordable, reliable power was critical to Queenslanders.
“We’re doing everything we can to keep downward pressure on prices,” the Minister said.
“Every dollar counts right now for Queensland households.
“We are working on an Energy Plan that will chart our path to a clean energy future and the jobs that will create for Queenslanders.”