Over half a million Australians are getting a better deal on their energy prices thanks to pressure from the Morrison Government on the big energy companies to put customers first. For too long the big energy companies have focused on their massive profits. We have demanded they put customers first, and lower their power prices.
AGL, Origin, and EnergyAustralia, along with other retailers, have heard our calls and will cut prices for customers on standing offers by up to 15 per cent. On average, this will deliver an automatic savings of $175 for residential customers on the Gold Coast on 1 January 2019.
Karen Andrews, local Gold Coast MP, said the Government’s energy policy is delivering for hardworking Australian families and small businesses. “Rising power prices are impacting household budgets and are stopping small businesses from growing and employing more staff”, said Minister Andrews.
“The big energy companies have heard the Government's calls for a fairer deal for Australian families and small businesses, and they have responded.”
We know that navigating your power bills and negotiating a better deal can be confusing and time consuming. That is why we recently launched a new a new phase of the Powering Forward campaign – focused solely on reducing power prices.
The Government has also been clear – the dodgy practices in the energy sector, and exploitation of customers must stop. The ACCC found in its Retail Electricity Pricing Inquiry price gouging, rip offs and anti-competitive practices was rife in the sector, labelling it “unacceptable and unsustainable”.
That is why the Government introduced big stick legislation to Parliament to hold the big energy companies to account. The Government stands on the side of the customer and we make no apology for that.
Labor has voted against this ‘big stick’ legislation twelve times. They have sided with the big energy companies and their massive profits.
Only the Coalition Government can be trusted to deliver a balanced and sensible plan to ensure affordable, reliable 24/7 energy supply for Australians. We are taking strong action to lower power prices while we keep the lights on.
Labor’s energy policy guarantees you will pay more for your power. You can’t trust Bill Shorten to keep the lights on, and you can’t trust Labor to take a big stick to the energy companies to stop the rip-offs.
To find out more you can save visit: poweringforward.energy.gov.au