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Hornery, Sonia to the
Minister for Resources and Energy, Special Minister of State, and Minister for the Central Coast
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- Over the next 5 years:
- will gas bills double;
- will electricity prices continue to increase above CPI increases?
- If not, how much will gas and electricity prices rise over the next five
years?
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Answer -
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- and (2) The AEMC has published its report, Future Possible Retail
Electricity Price Movements: 1 July 2010 to 30 June 2013, and is available on
the AEMC website at www.aemc.gov.au This report includes predictions on the
future price of electricity in NSW.
Price rises from 1 July 2012 are
largely expected to be as a result of Federal Labor's Carbon Tax and the
Renewable Energy Target, both of which NSW Labor have publically expressed its
support.
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Question asked on 6 March 2012 (session 55-1)
and printed in
Questions & Answers Paper No. 71
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Answer received on 22 March 2012
and printed in
Questions & Answers Paper No. 77
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