Queensland Premier proposes new public electricity retailer to reduce power bills by up to 6%.
Queensland Premier Steven Miles has proposed a new public electricity retailer to reduce power bills by up to 6% if re-elected. The initiative aims to enhance competition against existing providers like Ergon Energy. The estimated cost to establish the retailer is AU$1.4 million, with plans for it to be operational within a year. The proposal has drawn criticism from opposition and experts, who question its potential effectiveness in lowering prices.
October 01, 2024
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