July 20, 2014
Ergon Energy Retail says it is committed to passing on reduced electricity prices to customers from the repeal of the carbon tax “as quickly and cost effectively as possible”.
A spokesman said the corporation would comply with the legislation passed by the Senate on Thursday.
“The electricity tariffs available through Ergon Energy Retail are set by the Queensland Competition Authority (QCA), and have included the Australian Government’s carbon price since it was introduced in July 2012,” a media release from the corporation said.
“In preparation (for) the removal of the tax this year, the QCA prepared a set of prices for retail tariffs without the carbon price at the time of updating prices for 2014-15.
“Once Ergon Energy Retail has received formal notification of new tariff prices from the Queensland Government, we’ll begin work to switch over to new regulated retail tariffs that do not include the carbon price effective July 1, 2014.
“Customers with bills already issued after July 1, 2014 and before the new tariffs are introduced will receive an adjustment on their next bill.”
