Friday, September 12, 2014

Gavin does Sums

Gavin King

Spoke to Ergon this morning to find out whether Cairns residents are seeing any savings on their power bills from Labor's axed carbon tax.
Very pleased to hear the average bill in Cairns will go down by about $170 a year with Ergon passing on the savings from the scrapped tax.
Together with a range of reforms to Ergon, including our plan to introduce competition to the regional electricity market, hopefully power bills will start levelling off rather than the massive year on year rises we've seen over the past 5 years or so.

A comment posted in reply:

My bill shows normal tarrif down 5% off peak tarrif up 2.2% so 2.8% savings overall. So Gavin if average family saving $170 per year, their annual bill must be $6071. Um .... what the .... ????

You can find some answers here which I may update and comment on later: Queensland Competition Authority. The median again is more relevant as used by QCA.

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