News

Ergon announces review as power prices rise by 22% today

AS POWER prices go up an average of 22% from today, Ergon Energy has announced a review of electricity tariffs with the expectation that several of the restructured tariffs will start in 2014-15, with further tariff reform to be implemented over the 2015-2020 period.

Queensland Energy Minister Mark McArdle said the review was the first step in tariff reform, and urged Queenslanders and interest groups to get involved.

"Over the last 30  years we have completely changed the way we use electricity in the home, in small business, on the farm and in manufacturing and industrial activities," Mr McArdle said.

"It makes sense that we now need to reconsider these tariffs so they better reflect the needs of Queenslanders."

He said Ergon Energy was looking at the structure of electricity tariffs so they could deliver benefits to customers through a greater choice of options, while leading to a more efficient electricity network.

Topics:  ergon energy




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The improvement would be mild when compared to past cycles