Power bills to go up
POWER bills will spike by up to $30 from January 1 after the energy regulator approved tariff hikes for distributors.
Electricity companies are scrambling to find ways to offer cheaper power contracts as the new charges make it more difficult to meet Federal Energy Minister Angus Taylor’s demand to lower prices.
AusNet Services customers in northeast Melbourne and eastern Victoria will see their bills rise by $30, Citipower and Powercor customers in central, western and inner Melbourne and western Victoria will be hit by increases of $14 to $16, and United Energy customers in southern Melbourne by $11.
Mr Taylor distanced himself from the AER’s decision yesterday, saying the Government’s priority was to “lower power prices while keeping the lights on”.
Opposition energy spokesman Mark Butler said the move showed the Morrison government would not meet its promise to lower electricity prices.