Power price win for consumers

Cowra households have received an early Christmas gift from Essential Energy after it agreed to not impose price rises of 15 per cent, despite winning a court battle against the Australian Energy Regulator (AER) allowing it to do so.

Price war: Labor's Adam Searle MLC and Charlie Sheahan said only Labor fought for lower electricity prices for Cowra householders.

Price war: Labor's Adam Searle MLC and Charlie Sheahan said only Labor fought for lower electricity prices for Cowra householders.

In 2015 the Independent Australian Energy Regulator recommended price cuts of $313 for households and $528 for small businesses but Essential said lower prices would “compromise the safety and reliability of the network service”.

But Fairfax revealed during the Cootamundra by-election that Essential Energy was caught out lying over why it went to court to fight price cuts for households and small businesses in regional NSW. 

Shadow Minister for Energy Adam Searle said only Labor and rural papers like the Young Witness fought for the truth to be told and the result is a win for consumers.

“This is a victory for Essential’s 800,000 customers who will now not have to pay an extra $200 on top of the staggering price rises they have already had to bear,” he said.

NSW Premier Gladys Berejiklian said the Government was doing everything it could to lower cost of living expenses.