- Regional electricity costs set to drop 9.7 per cent for households, and 11.3 per cent for small businesses, under the Crisafulli Government's Energy Roadmap.
- Follows projected double-digit price drop for South East Queensland homes and small businesses under Default Market Offer.
- The Crisafulli Government is delivering affordable, reliable and sustainable energy for all Queenslanders after Labor's decade of decline saw skyrocketing power bills, including a 19.9 per cent increase in a year.
The Crisafulli Government is delivering more affordable power for Queenslanders, with the regulated retail electricity price in regional Queensland set to drop by almost 10 per cent next financial year.
Under the latest draft regulated price from the Queensland Competition Authority (QCA), power prices for residential customers outside South East Queensland are forecast to fall by 9.7 per cent for regional households and 11.3 per cent for small businesses in 2026–27.
This follows the Australian Energy Regulator's draft Default Market Offer showing prices falling 10.1 per cent for households and 12.8 per cent for small businesses in South East Queensland next financial year.
The results confirm the Crisafulli Government's Energy Roadmap is delivering affordable, reliable and sustainable power for Queenslanders after a decade of skyrocketing power prices under the former Labor Government, including a 19.9 per cent increase in a year.
By improving Queensland's existing energy assets while building what is needed for the future, the Energy Roadmap is putting downward pressure on energy prices, optimising investment to respect taxpayer money and boosting private sector investment in new generation.
This is backed by the Crisafulli Government's $1.6 billion Electricity Maintenance Guarantee to properly maintain energy generators after they were neglected by Labor.
Treasurer and Minister for Energy David Janetzki said regional Queenslanders deserved the same energy bill reduction as those in the South East.
"The Energy Roadmap is putting downward pressure on power prices, as we said it would," Treasurer Janetzki said.
"Default power prices are set to drop by around 10 per cent throughout the state next financial year after prices soared under Labor by 19.9 per cent in a single year due to the former government's failure to properly maintain our power plants.
"The QCA's draft determination aligns with the deal proposed for the in the southeast and would see regional Queensland get the cost of living relief they need."
The QCA will undertake consultation before releasing its final determination, expected in late May or early June.
The draft determination can be viewed at www.qca.org.au
