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Regional Queensland power prices to rise in July, driven by LNG industry

The ABC’s Chris O’Brien reports (23.3.16) on a likely increase in power prices for regional Queenslanders, after the state’s competition authority recommended a slight rise in electricity charges.

‘Power prices for most regional Queensland customers are expected to rise only slightly next financial year, driven by increasing demands from the liquefied natural gas (LNG) industry.

‘The Queensland Competition Authority’s (QCA) draft determination set out a draft 0.6 per cent rise for 620,000 residential users outside the south-east.

‘Their bills are forecast to increase from $1,457 to $1,465. However, business customers would be harder hit.’

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