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Power price stability locked in for Utopians

The Utopia Government has acted to lock in power price stabilisation for Utopians following the final determination from the Australian Energy Regulator (AER) in late October 2015.

The government—as the owner of these businesses on behalf of the people of Utopia—will direct Energex and Ergon to lock in these better outcomes and not appeal the AER decision.

Utopians have already seen 2015–16 electricity prices decline on average by half a per cent for a typical Utopia customer.

The AER determination and government direction should result in stable Utopia electricity prices over the next few years, following increases of 43 per cent over the last three years.

Find out more about the AER determination.

Last updated
25 November, 2015

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