{"id":210117,"date":"2018-05-31T14:48:30","date_gmt":"2018-05-31T04:48:30","guid":{"rendered":"https:\/\/southburnett.com.au\/news2\/?p=210117"},"modified":"2020-09-24T12:03:47","modified_gmt":"2020-09-24T02:03:47","slug":"small-dip-in-power-bills","status":"publish","type":"post","link":"https:\/\/southburnett.com.au\/news2\/2018\/05\/31\/small-dip-in-power-bills\/","title":{"rendered":"Small Dip In Power Bills"},"content":{"rendered":"
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Prof Roy Green (Photo: UTS)<\/figcaption><\/figure>\n

May 31, 2018<\/strong><\/p>\n

Electricity users in regional Queensland should notice a small drop in their annual power bills following the release on Thursday of the latest review by the Queensland Competition Authority.<\/p>\n

QCA chairman Prof Roy Green said electricity prices would decrease across most tariffs and tariff combinations, including the main residential and small business tariffs, as part of the final determination.<\/p>\n

Annual bills will decrease by 1.3 per cent for a typical customer on the main residential tariff (Tariff 11) and 3.4 per cent for a typical customer on the main small business tariff (Tariff 20).<\/p>\n

“The exception is a small increase (0.6 per cent) for typical residential customers on a combination of Tariff 11 and controlled load Tariff 31,” Prof Green said.<\/p>\n

“The annual bill for a typical customer on the main residential tariff will decrease by $20 from $1542 to $1522.<\/p>\n

“For the typical customer on the main small business tariff, the annual bill will decrease by $86 from $2568 to $2482.<\/p>\n

“A decline in network costs is the main reason for the tariff decreases.<\/p>\n

“Wholesale energy costs have also reduced, by smaller amounts. However, the network and wholesale energy cost decreases have been partially offset by higher costs associated with the Renewable Energy Target (RET).”<\/p>\n

Prof Green said the tariff decreases were less than those which had been forecast in the QCA’s February 2018 draft determination.<\/strong><\/p>\n

“The differences between the draft and final determinations are also mainly due to an increase in costs related to the RET.”<\/p>\n

Prof Green noted that, in contrast to the draft determination, the final determination did not incorporate metering charges for residential and small business customers, as directed by the State Government.<\/p>\n

“On a separate matter, we are continuing to investigate Ergon Energy Queensland (Ergon Retail) for overcharging large regional customers for metering services. We will make further announcements about this investigation in the near future,” Prof Green said.<\/p>\n