No price drop for farming families
IRRIGATION electricity tariffs in Queensland have risen a minimum of 136% over the past decade, and for some more than 200%, while CPI has increased by just 24% over the same period.
Yet in the recent decision, applauded by the State Government, we did not even see a one per cent relief in irrigation and some business tariffs.
So farming families are punished/ignored once again. In a nutshell:
Headline usage tariffs for residential (households) and small businesses fall by 2.3 and 4.6 per cent respectively. Time of use usage tariffs, residential (households) and small businesses, fall by 2.5 and 7.4 per cent respectively.
Irrigation tariffs are unchanged.
The key driver of the lower residential and small business tariffs ‘are network costs and renewable energy target (RET) related costs.
For most tariffs and
customers, network costs have declined. Wholesale energy costs have also declined.
These decreases in network and wholesale energy costs have been partially offset by higher RET related costs’ (QCA report).
Given these changes it is extremely disappointing that transitional irrigation tariffs have not also been reduced.
Many irrigators face further bill increases in excess of another 50% when they are forced on to standard tariffs mid-2020.
Farming families are small business people that happen to farm, yet get no price drop, just more unsustainable pain.
— Kerry Latter Canegrowers Mackay CEO