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Leccy prices not going up much

By johnboy - 14 June 2013 4

Simon Corbell is celebrating a mere rise in electricity prices of 3.5% next year.

Canberrans will continue to have the cheapest electricity prices in Australia despite a modest rise in prices of 3.5% approved by the Independent Competition and Regulatory Commission (ICRC), Minister for the Environment and Sustainable Development, Simon Corbell, said today.

“Despite this increase, Canberra residents continue to have the cheapest electricity prices in Australia. For example an average household in Canberra will pay approximately $1,000 less over the year compared to a similar Queanbeyan household just across the border,” Mr Corbell said.

The report by the ICRC, Retail price adjustment for franchise electricity customers 2013–14, released today, provided a price direction for the supply of electricity to households and small businesses on the regulated tariff for the period 1 July 2013 to 30 June 2014.

We’d link to the report but the ICRC doesn’t seem to update its website any more.

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4 Responses to
Leccy prices not going up much
dungfungus 5:49 pm 14 Jun 13

The departure of Chairman John and his massive salary is already having a positve effect.

HiddenDragon 4:37 pm 14 Jun 13

This will, of course, make it that much easier for household budgets to cover increased rates, taxes, fees etc. charged by the ACT Government.

johnboy 4:10 pm 14 Jun 13

Hours late, but what a pleasure.

davo101 4:07 pm 14 Jun 13

We’d link to the report but the ICRC doesn’t seem to update its website any more.

Err…

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