Tasmanian households will see an increase in electricity bills this year, with prices predicted to be between $235 to $265 more expensive compared to last year, according to a new report.
The St Vincent de Paul Society found that average consumption households on tariff 31 can expect to pay around $3,130 for electricity this year.
In July, the fixed electricity supply charge increased by 15%, resulting in an additional $415 supply charge for tariff 31 customers.
Labor leader Rebecca White has promised to cap energy prices with a 2.5% increase within the party’s first 100 days in power if elected, while eligible Tasmanian households can currently claim a $250 energy rebate from the government.
Energy Minister Nick Duigan argues that the concession payment covers most of the recent price increases and warns against implementing a power price cap.
Duigan claims that a power price cap would bankrupt energy retailers and negatively impact investments in renewable energy projects.
