Institute a CPI price cap on regulated electricity prices for the next two financial years, and decouple Tasmania’s wholesale energy prices from those of Victoria in the National Electricity Market.
TasCOSS Commentary (February 2018)
Evidence base – Cost of living benefits for most Tasmanians, with the CPI cap good policy. Unclear whether non-regulated tariffs which include PAYG customers will also be capped.
Equity – Yes, this will make a difference to cost of living, though not enough detail on the long-term model.
Future Focus – Yes, though little detail about other implications for Tasmania’s relationship with NEM as a whole.
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