Labor's surging price of power
The Labor Government is going to jack up the price of power and water for families by around $1000 a year. Some small businesses will be forced to pay tens of thousands of dollars more.
With the highest rent in the country, most expensive petrol and groceries, the last thing we need is a 25% increase in the price of power.
Small businesses will be forced to pass on the increased costs to consumers making Darwin even more expensive.
This outrageous increase in electricity costs is the direct result of years of mismanagement by Labor.
Labor froze Power and Water maintenance budgets whilst taking $80 million in ‘dividends’ between 2002 and 2007.
Reducing maintenance budgets on an essential service facing increasing demand is plain dumb.
It resulted in the collapse of the Casuarina sub-station, massive blackouts across the northern suburbs and now a 25% increase in the price of power.
Labor was warned time and again about the folly of its strategy. The Utilities Commissioner privately told them their policies were “a recipe for disaster”.
Despite the warnings Labor went to the last election promising to actually reduce the price of power in the Territory.
Never has an election promise been so hollow.