The LNP’s electricity plan will save a typical Queensland family $780 over the next 3 years.
Under our plan a typical Queensland family will save an average of $160 a year over the next two years. We will deliver these savings by increasing competition in the wholesale electricity market and removing Labor’s gold plating from existing network charges. These changes will also help small businesses and industry to reduce costs and create jobs.
From 2020 onwards the average household will also save an additional $300 under the LNP, because we’ll end costly subsidies for renewable energy. Emissions will also decrease, as we support new technologies like high-efficiency, low-emissions coal-fired power stations and solar. We can and will make electricity cheaper and reduce emissions.
In 2020 a typical Queensland family will be around $460 better off under a Tim Nicholls-led LNP Government compared to Labor.