Queensland to benefit from electricity price freeze

30th Apr 2012

It's no secret that electricity prices have been rising over recent months, but it seems that Queenslanders could soon be protected against such increases.

Premier Campbell Newman has announced that the average household could save around $120 a year – better in your pocket than the electricity companies' coffers, we say!

He conceded, however, that there will be a slight rise as a result of the carbon tax coming into force on July 1, but this should hopefully be minimal.

Speaking to reporters in Brisbane, Campbell said: "Something is wrong. There is a view out there from experts that, quote unquote, the networks are being gold-plated.

"I am keen to get into the nitty gritty of what is really driving these higher prices."

There are, of course, other ways in which you can guard against rising prices, no matter where you live in Australia.

Installing a solar power system is one example, as you can generate your own energy and perhaps even get paid for selling it back to the grid.

Sounds like a fair deal to us – and the bonus is that it will continue to deliver even when government promises and price freezes come to an end.

Posted by Bob Dawson


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