KCGO News

SRA e-Newsletter

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MINISTER ISSUES DELEGATION TO QLD COMPETITION AUTHORITY TO DEVELOP EIGHT NEW RETAIL ELECTRICITY TARIFFS

I refer to our previous web page posts on 16th and 28th July 2020 wherein it was advised that on 24th June 2020 Minister for Natural Resources, Mines and Energy issued a delegation to QCA to set three new electricity (controlled load) retail tariffs to be added to the 2020-21 schedule of regulated retail electricity tariffs for regional Qld. On 3rd August Minister issued a further delegation to QCA for a further 8 retail tariffs to be developed based on new network tariffs, four of which relate to small business.

These 8 additional new tariffs are to apply from 1st January 2021 whilst the three controlled load retail tariffs mentioned previously come into effect on 1st November 2020. Details of all 11 tariffs will be released by 31st August 2020 in QCA’s draft determination with a following period, to be advised, for lodgement of submissions by interested parties.

Additional details are available in the “Stakeholder Notice” issued by QCA.

Les Elphinstone
Manager KCGO

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