Simon Birmingham (SA, Liberal Party, Minister for Education and Training) Share this | Hansard source

The National Energy Guarantee represents the first time we have a policy that is clearly designed by the experts, comprehensively backed by business and many other groups, supported by states and, most importantly, with modelling indicating that it will cut prices and improve reliability. The NEG will do this. It will deliver more affordable, more reliable energy by ending subsidies for energy, which of course are passed on to all consumers; by creating a level playing field that ensures that all types of energy are part of Australia's energy mix rather than playing favourites; by providing certainty for investors, meaning more supply and in turn lower prices; and by reducing volatility by ensuring there is reliable and affordable power there for every Australian when they flick the switch. The modelling indicates a benefit of around $300 for each Australian household, on average—a real benefit flowing from more affordable and reliable energy. (Time expired)