18 October 2017
The Turnbull Coalition Government will deliver more affordable and reliable electricity for the Gold Coast.
To help local families and businesses manage rising energy costs, the Government has accepted the recommendation of the Energy Security Board (ESB) for a new National Energy Guarantee.
Local MP Steven Ciobo said under the Guarantee households and businesses across the Gold Coast will have access to more affordable and reliable power.
“We understand that Gold Coast families and businesses are doing it tough,” he said.
“That’s why the Turnbull Coalition Government is doing everything they can to make energy more affordable for local households and businesses.
“The National Energy Guarantee will provide cost-of-living relief. It will lower electricity prices, make the system more reliable, encourage the right investment and reduce emissions without subsidies, taxes or trading schemes.”
Mr Ciobo said the energy industry experts who developed the Guarantee said it will cut prices.
“The independent Energy Security Board says the National Energy Guarantee should see a reduction in residential bills in the order of $100-$115 a year over – that is cheaper than today and cheaper than the Clean Energy Target,” he said.
Mr Ciobo said while the Turnbull Coalition Government was working to deliver more affordable and reliable electricity for the Gold Coast, Labor’s plan would mean higher prices and less reliable energy.
“Labor’s plan would tax you more, cost you more, and lead to more blackouts,” he said.
“They want to impose reckless and irresponsible renewable energy targets that would drive up prices and undermine reliability. They’ve given no thought to the reliable energy needed to keep the lights on when the sun isn’t shining or wind blowing. Their plan to give billions of dollars of subsidies will only leave you and your family paying more.
“The National Energy Guarantee will ensure that Gold Coasters get the reliable energy they need, at prices they can afford.”