Key Points
A Dean Winter Labor Government will cap power price rises for households and small business to a maximum of 2.5 per cent per year, for the next three years.
Tasmania owns the Hydro, and Tasmanians should be the ones who benefit from this. That’s why it’s so important we keep the Hydro in Tasmanian hands.
Under Labor’s power price cap there will be:
- No more unfair power price rises
- No more bill shock
- One less thing for Tasmanians to worry about.
Why we need it
After 11 years of the Liberals, Tasmanians pay the highest power bills of any state.
Tasmanians are sick of seeing their power bills going up and up all the time. Had this policy been in place over the past three years, the average Tasmanian household would have saved around $400.
Capping price rises means families can plan ahead, without the fear of an unexpected bill impacting their household budget.
Capping price rises provides greater certainty for small businesses about their operating costs, enabling better cash flow management.
“Tasmanians should pay Tasmanian prices for Tasmanian power and under Labor’s plan, they will.”
The details
A Dean Winter Labor Government will cap power price rises for households and small business to a maximum of 2.5 per cent for the next three years.
We can put this policy in place because Tasmania owns the Hydro—and under Labor, it will stay in public hands.
Tasmanians should benefit from our publicly owned energy, not be punished with endless price hikes caused by mainland coal and gas prices.
A Fresh Start means putting Tasmanians first, and that includes putting a stop to out of control power price rises.
This will ensure Tasmanians can fully benefit from the Federal Labor Government’s energy bill relief payments, without these being eaten up by massive price hikes.
This will help prevent bill shock and ensure more Tasmanians are not forced to choose between heating their homes and putting food on the table.
Capping power price rises means one less thing for Tasmanian households and small businesses to worry about over the next three years.
