Confirmation that electricity prices are about to go up by around 10% means that Daniel Andrews is either a liar or he’s incompetent.
First he introduced a new tax which forced Hazelwood to close its doors, then he promised electricity prices would only go up 4% and now we find out it’s really 10% in just the next six months.
On the Neil Mitchell program on 3 November 2016, Daniel Andrews said: “Any increase will cause pressure on household budgets, I acknowledge that. But the numbers are more in the order of 4% or 85 cents a week.”
Once again, like his promise that scrapping the East West Link contract wouldn’t cost a cent, Daniel Andrews has either lied or got his calculations terribly wrong.
This increase to electricity costs means households will have to pay an average of $160 more on their annual bill.
It will also cost a lot more for businesses who will ultimately pass the increase on to their customers.
This is a flow on effect, it’s from just about anybody that uses power all the way through so it’s your local coffee store, your butcher, your baker, every store that uses power will have to either try and sell more coffee and bread or pass it on to consumers.
Today’s power price rises are just the beginning with more increases in store for energy customers with the full impact of Hazelwood’s closure in March 2017 still to flow through.
Industry has made it absolutely clear today that the responsibility of power price rises rests with the Andrews Labor Government and their damaging energy policies to increase the tax on coal by $252 million and implement a go-it-alone Victorian renewable energy target.
Victorian families are already dealing with high cost of living pressures, and because of Daniel Andrews they will be forced to tighten the belt further with Christmas right around the corner.
In their attempt to deflect attention from this price hike, the Andrews Labor Government has put out 18 press releases today, none of which address the electricity cost hike.