This is substantially less than previous years when increases were over 11%. Increases will be under 2%.
The Queensland Competition Authority has released its draft decision on regulated retail electricity prices for regional Queensland in 2017-18.
This year’s draft decision forecasts increases across irrigation and rural tariffs 1.7 – 5.2%..
Prices are set in accordance with the Queensland Government's uniform tariff policy, which means most regional customers pay significantly less for electricity than it costs to supply.
Feedback is welcome through the submission process open until April 3, 2017. More information on how to make a submission is available on our website.
The final decision will be published by May 31 with the prices to apply from 1 July 2017. The regulated prices are only available to customers in the Ergon distribution region as retail electricity prices in south east Queensland have been deregulated from 1 July 2016.
For more information click HERE.