Tue. Jul 5th, 2022

Queensland’s Palaszczuk government has announced a new $ 175 cost of living rebate, designed to help Queenslanders tackle their power bills as prices continue to rise.

The $ 385 million investment is set to reduce costs, particularly for low income families feeling the impacts of inflated grocery and petrol prices.

“For people on low and fixed incomes, it is especially hard, forcing them to make difficult choices – in many cases it means going without,” the premier said.

Power electricity bills powerlines energy
The rebate will cost the Palaszczuk government $ 385 million. (iStock)

“The $ 175 rebate will be provided on electricity bills, and is only possible because the electricity assets of Queensland are owned by the people of Queensland,” the premier said.

“(The payment) might not sound like much to some people, but for those facing these hard choices it is a help.”

The premier said the rebate would automatically be applied to power bills by electricity providers, eliminating the need to apply.

“Over the past four years, Queenslanders have been paid $ 575 because they kept their electricity networks in their own hands,” Palaszczuk said.

Woman filling trolley with groceries
The rebate has been implemented to assist Queenslanders struggling with rising grocery and fuel costs. (Getty images)

Minister for Energy, Hydrogen and Renewables Mick de Brenni said the rebate reflected the reality of rising power costs, with the Australian Energy Regulator predicting prices to jump by 11 per cent due to the ongoing war in Ukraine.

He added the Queensland government was investing over $ 2 billion in renewable energy in a bid to create cheaper, more environmentally friendly power.

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“We are getting on with the job but Queenslanders are feeling the cost of living hangover of nine years of the failed Abbott-Turnbull-Morrison Government and their flatlining on renewable investment,” de Brenni said.

“We’re working hard to keep downward pressure on prices because every dollar counts right now for Queensland households.”

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