Category: Media Articles
Government policy allows power bills to rise more than recommended
Household electricity bills are likely to soar even higher than the 23 per cent recommended yesterday after the state government revealed it did not intend to remove a tariff that accounts for about $95 per bill. The Economic Regulation Authority yesterday recommended removing the Tariff Equalisation Fund that South West residents and businesses pay to [...]
Barnett says tax will slug WA households
PERTH, July 13 AAP July 13 2011, 1:52PM West Australian households will be slugged an extra $115 a year on their electricity bills because of the federal government’s carbon tax, Premier Colin Barnett says. The tax will cost energy supplier Verve about $250 million a year and that will mean average household power bills will [...]
The federal government will set up a $10 billion fund to invest in clean and renewable energy as part of its carbon pricing package
July 12th, 2011 · The Clean Energy Finance Corporation (CEFC) will be run by an independent but government-appointed chair and a board comprising experts in banking, investment management and renewable energy. It will invest $10 billion over five years from 2013/14 in businesses seeking funds to get innovative renewable and clean energy proposals up and [...]
Federal Government, Greens set up $3.2b renewable energy fund
AN INDEPENDENT authority has been established to manage $3.2 billion of renewable energy funding. The Australian Renewable Energy Agency (ARENA) will disperse funds as it sees fit in order to best support renewable energy research, development, commercialisation and demonstration, Australian Greens deputy leader Christine Milne said today. “It has been obvious for years that renewable [...]