Stop impending electricity tariff increase – Action needed TODAY

Power bills for businesses in regional Queensland are proposed to increase by about 10% in 10 weeks time

Labor Enforcers at work

The Queensland Competition Authority (QCA) received a delegation from the Queensland Government to set 2016-17 regulated retail electricity prices for regional Queensland. View article in today’s The Cairns Post.

The QCA released its Draft electricity prices for regional Queensland on 23 March 2016. View draft prices. The draft electricity prices propose an increase in power bills for regional businesses ranging from 9.3% to 13.6% depending on the tariff used by the business.

The FNQ Electricity Users Network (FNQ EUN) is advocating for a minimum 5% reduction in both residential and business power bills. For further information on electricity pricing please refer to FNQ EUN’s submission.

We strongly encourage members to provide a submission to the QCA by Wednesday 20 April 2016 (tomorrow).

The submission can take the form of a paragraph explanation of how an increase of about 10% will affect the profitability of your business and the number of staff employed. The submission can be provided here.

Unless the QCA receives a clear message that regional businesses cannot cope with another increase in power bills it is highly likely that power bills will increase by about 10% on 1 July 2016.

Power bills have already increased by 87% in real terms since 2006-07.

For any questions, please email Jennifer Brownie, Coordinator, FNQ EUN or call 0428 363 474.