Double-digit shock as electricity bills set to surge by 21. 4 percent. Solar getting the blame as usual.
Queensland's Treasurer slammed the proposed double-digit electricity price hikes as "unacceptable" and blamed "bad decisions" by the former State Government, and the Federal Government.
Speaking on ABC Radio, Tim Nicholls said the Federal Government had permitted its regulator to allow "overinvestment in poles and wires" which made up 60 per cent of the increase.
He said the second largest component of the increase was the "very poorly thought through solar scheme" which gave people who could afford green energy systems enormous payouts.
"Four years ago about 2000 people had solar, that's now heading towards 200,000 and that energy is being redirected back into a system that has to be upgraded in order to take it," Mr Nicholls said.
http://www.couriermail.com.au/news/queensland/electricity-bill-shock/story-e6freoof-1226583094724
Looks like they are softening us up for the sell off.