Retail Electricity Deregulation in SE Queensland

Yesterday the Queensland Government passed amendments to the Electricity Act 1994 to remove the Queensland Competition Authority’s requirement to regulate electricity prices in southeast Queensland from 1 July 2015.

Queensland Energy Minister, Mark McArdle said: “Our key reforms will increase competition in the state’s electricity retail sector – starting in the highly competitive southeast – with better outcomes for customers in terms of choice, service and prices.”

Further information can be found in the Minister’s media release.

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