FORDE households are burdened with another year of unaffordable energy costs as the new financial year’s electricity prices start applying from this month.
The new prices confirm that Labor has broken its promise to reduce household power bills by $275, with Forde residents instead paying among the most expensive power bills in the world.
The Australian Energy Regulator is responsible for setting what’s known as the ‘reference price’ for electricity which signifies the cost of an average Australian energy bill.
The new prices announced by the Australian Energy Regulator (AER) for the 2024-25 financial year reveal that:
- Residents in QLD, will pay up to $948 (39 per cent) more than Labor promised.
Soaring power prices have already wreaked havoc on household budgets, with 127,000 more households now on hardship arrangements with their electricity retailer.
Every single week since Labor took office, 600 households on average have been plunged into hardship plans.
I’ve witnessed the impact of skyrocketing energy costs firsthand in our electorate.
More and more people are frequenting my office, ringing in, stopping me in the streets, to share their stories of personal hardship.
Some are being forced to make the tough decisions – food or power.
Every household in Forde is suffering under the alarming energy and economic policies of the Labor Government.
To rub salt into the wounds, we had Prime Minister Anthony Albanese in the electorate last Thursday talking up how better off the people of Forde are under his stewardship.
He spoke of how things have never been better, how the people of Forde have never had more money lining their pockets.
I can’t imagine what individual, business or family he spoke to, but that’s certainly not the sentiment the rest of us are hearing on the ground.
Charities and support agencies are struggling to keep up with the rise in people seeking aide.
Even after spending $6.5 billion of taxpayers’ money to mop up its failed energy policy, Labor is still not even close to achieving its promise of a $275 reduction in power bills.
