Electricity prices in Queensland will increase by 22.6 per cent from July 1, lifting the average household bill by more than $260 per year.
Under a ruling from the Queensland Competition Authority, the standard household tariff will jump to 26.730 cents per kilowatt hour from 23.1 cents.
However, the greatest sting will come from new higher fixed fees.Households will pay 50.22 cents fixed for access to tariff 11 compared to 26.2 cents currently.
This is an increase on the QCA's original draft fixed fee of 47 cents under which the average bill was set to increase by 21 per cent.
The increase in tariff 11 will add $266 to the average annual electricity bill.However, with the standard hot water tariff increasing 11 per cent, overall bills will rise further than this figure.
The details have been revealed in the latest Government Gazette.... more》 Power prices in Queensland set to soar more than predicted, Government Gazette reveals | The Courier-Mail
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