ILLAWARRA BUSINESS CHAMBER CALLED ON TO SUPPORT ENERGY REGULATOR DETERMINATION FOR LOWER ELECTRICITY PRICES

MEDIA RELEASE


The Illawarra Business Chamber (IBC) has been challenged to speak up in support of the Australian Energy Regulator’s determination, which ensures lower electricity prices for small businesses in the region, Member for Shellharbour, Anna Watson, will tell State Parliament later this evening.

Ms Watson will speak on the State Government’s Bill to privatise the electricity network across New South Wales (speech notes attached).

Ms Watson said it was well known the IBC was a fulsome supporter of the State Government’s intention to sell-off the electricity network but challenged the business lobby to stand up for its membership in support of the AER determination to slash electricity costs.

“Electricity prices in the Illawarra have increased by 35 per cent since this Government was first elected in 2011.

“The AER determination would see households saving $106 per year and small businesses saving $152 per years in the Illawarra region.

“These savings are under direct threat because the Government insists on keeping electricity prices higher for longer just to sell off the network.

“In the Illawarra, the Government’s boosters, such as the Illawarra Business Chamber (IBC) have said that the sell-off of electricity would be good news.

“One can only now ask: does the IBC have the same view as the Government on the AER determination, which would see its members benefit from lower electricity prices?

“It has been very quiet as a church mouse on this issue.

“The IBC should speak up on this matter in the interests of its small business membership instead of acting like another Liberal Party branch mouth piece”, Ms Watson’s speech notes say.

27 May 2015

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