The Queensland opposition are warning of a possible 22% hike in electricity costs next financial year partly due to the national carbon tax legislation which was passed in the lower house yesterday.
Treasury modelling shows electricity could rise by 10% next year however this may not include all necessary infrastructure and network upgrades therefore the actual cost could be much higher.
If you want to protect yourself from soaring electricity bills then consider installing a solar power system and a solar hot water system. To see how much you could save contact us today