Prepare to pay more for energy

Port Macquarie News
Monday 18/6/2007 Page: 2

Hastings residents can brace for increases in their energy bills as distributors try to compensate for the cost of green power. From July 1, the average weekly household energy bill will go up by $1.70. For businesses, the increase equates to $3.70 per week on average. The state's independent pricing authority last week increased the cost of energy by eight per cent. Country Energy's regional general manager Andrew Latta confirmed that cost would be passed onto consumers - including its customers in the Hastings.

As Mr Latta explained it, green energy is more expensive than the less environmentally - friendly brand. Green energy is generated by cleaner methods, such as wind farms, but because of the limitations on green power availability, it costs distributors more to buy. Distributors, Mr Latta said, are trying to buy a percentage of green energy and, in fact, all Country Energy sites are now powered by green energy, but it costs money. So, customers are footing that extra cost.

The other reason Country Energy has increased prices by the regulated eight per cent, Mr Latta said, is to reinvest in infrastructure. Over the next 12 months Country Energy will spend $450 million on upgrades. "We're very mindful of the impact these changes have on customers, particularly within drought-affected areas of the state," Mr Latta said.

"What I'd be suggesting is that it is $1.70 a week, but there is a hardship program, Country Support, and we can keep the power on in times of hardship." To seek help on meeting the new costs of energy, call the Country Energy information and help line on 132 356.