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Category: Electricity Energy and Utilities / Government and Politics / States and Territories

SA Government calls for electricity price rise investigation

Wednesday, 22 Jun 2016 10:59:49

Spikes in electricity prices will add to cost of living pressures, the SA Treasurer says.

AGL, Origin Energy, and Energy Australia could be investigated to see if reasons given for a spike in South Australian electricity prices rise can be justified, the State Government says.

The three major retailers all announced last week that electricity prices would rise in the state from July 1.

The companies have cited issues around coal and gas supply in South Australia as reasons, including the closure of the Port Augusta power station.

Treasurer Tom Koutsantonis has called on the Essential Services Commission of South Australia to assess the recent announcements and whether or not they can be justified.

"These electricity price increases from AGL, Origin, and Energy Australia add significantly to cost of living pressures on affected customers," Mr Koutsantonis said.

"In light of the community concern over the price increases it is important that customers are presented with independent advice on whether or not the reasons given for them are justified."

The average increase in the next financial year for a customer consuming 5 megawatt-hours will be $228 for AGL customers, $117 for Origin Energy customers, and $261 for Energy Australia customers.

AustraliaPlus


 

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