Following the pricing determination from the independent Tasmanian Economic Regulator, the Tasmanian Government is taking immediate action to assist Tasmanians through a new Winter Energy Assistance Package.
The package will provide targeted support to those most in need, as well as energy efficiency options for families and small businesses, and the tools for Tasmanians to help manage their power bills.
Last year, households received a 7.11 per cent reduction in regulated electricity prices, small businesses received an 11 per cent drop and, since coming to office in 2014, in real terms, regulated energy prices under this Government have decreased by 18 per cent for residential customers and decreased by more than 27 per cent for small business customers.
Under the Regulator’s determination today of an 11.88 per cent increase, Tasmanians on concessions with median electricity consumption, will see a yearly increase in their power bill of approximately $143, while non-concession card holders with median consumption, will see a yearly increase of around $227, or $4.37 per week.
The Tasmanian Government understands it is going to be a difficult winter for many, and that is why the Winter Energy Assistance Package includes:
In addition, the Government continues to invest $4.5 million each year on upgrading our social housing stock to increase energy efficiency, including things like double glazing, insulation, ventilation upgrades, cladding, heating, hot water systems, energy efficient lighting, floor covering and roofing upgrades.
The Tasmanian Government will also continue to monitor cost of living pressures on Tasmanians and stand ready to respond with further measures if required.
Further details on the Winter Bill Buster payment and Energy Saver Loan Scheme will be available in coming weeks, however any residential customers that need an extra hand are encouraged to contact Aurora’s YES Team (Monday to Friday from 9am-4.30pm) on 1300 10 2010 or visit auroraenergy.com.au for more information on Aurora’s programs, including signing up to the aurora+ app.
The Tasmanian Government remains committed and continues to deliver on its goal of having the lowest or amongst the lowest electricity prices in Australia.