Thursday, May 29, 2014

Queensland power bills to rise by $191 next year, but future hikes not as high

#Energy

Increased generation costs sparked by higher demand from the LNG industry are pushing up prices


Queenslanders' annual power bills will increase by $191 next financial year, but the state regulator says future price hikes will not be as drastic.


Bills will rise by 13.6%, going from $1,407 to $1,598, the Queensland Competition Authority said on Friday.


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