Labor to Cap Power Price Hikes by June 2025

Tas Labor

A Dean Winter Labor Government will cap power price increases for Tasmanian households and small businesses at no more than 2.5% a year for the next three years.

Had this policy been in place over the past three years, the average Tasmanian household would have saved around $400.

After 11 years of the Liberals, Tasmanians pay the highest power bills of any state.

Tasmanians should pay Tasmanian prices for Tasmanian power and under Labor's plan, they will.

We can put this policy in place because Tasmania owns the Hydro-and under Labor, it will stay in public hands. Tasmanians should benefit from our publicly owned energy, not be punished with endless price hikes caused by mainland coal and gas prices.

When wholesale power prices skyrocket, Hydro makes windfall gains. Those windfall gains will pay for this policy.

Labor's power price cap will deliver practical cost-of-living relief at a time Tasmanians need it most. It means no more bill shock-and it ensures Federal

Labor's Energy Bill Relief payments actually ease pressure, rather than being wiped out by another round of price hikes.

Only Labor has a plan to fix the budget, ease cost of living for Tasmanians and deliver a Fresh Start for Tasmania. A Fresh Start means putting Tasmanians first -that includes stopping runaway power prices.

After 11 years of the Liberals, the only way to get the fresh start Tasmania needs is to vote Labor. A vote for the independents or greens will risk the re-election of the Liberals with more arrogance, more debt, and the sale of our assets.

Dean Winter MP

Labor Leader

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