House debates
Wednesday, 22 August 2012
Questions without Notice
Electricity Prices
2:28 pm
Wyatt Roy (Longman, Liberal Party) Share this | Hansard source
My question is to the Prime Minister. I refer the Prime Minister to this electricity bill from FoodWorks Burpengary in my electorate that shows their off-peak power has increased by 80 per cent as a direct result of the carbon tax. As owner, Craig, stated:
The carbon tax is going to cost people their jobs and hurt them in the hip pocket. We’ll absorb as much as we can but we can’t possibly absorb 100 per cent of the cost of the carbon tax.
How does the Prime Minister reconcile Craig's reality with her claim that small businesses will not pay the carbon tax?
Comments
Tibor Majlath
Posted on 23 Dec 2015 10:33 am
It is difficult enough to understand the various percentages thrown about by politicians.
It seems that off-peak did increase by 2-2.5 cents/KWH due to the carbon tax. This increase appears to have been applied across all the other tariffs as well, leading to different percentage increases.
But why pick on off-peak? Because, in percentage terms the highest and scariest increase appears to be on off-peak power since the off-peak rate was once also the lowest.
Tibor Majlath
Posted on 23 Dec 2015 12:22 pm
Not hard to work out the rates from the given data.
Old Minimum off-peak rate = 2 cents/kwh x 100 / 80
= 2.5 cents/kwh
Old Maximum off-peak rate = 2.5 cents/kwh x 100 / 80
= 3.125 cents/kwh
With the alleged 80% increase the off-peak rate went from 2.5-3.125 cents/kwh to 4.5-5.625 cents/kwh. What a hardship.
Tibor Majlath
Posted on 28 Sep 2015 12:16 pm
The LNP proudly announced that with the repeal of the carbon tax we could expect up to 12.4% savings. So, it is unlikely that this company's bill went up 80% because of the carbon tax.
The Prime Minister's response was as ridiculous as Roy's claim.