Sell with Confidence
Read More
News

Queensland power assets pay dividends

By Tammy Laval

Nearly 2 million households will see another $50 taken off their electricity bills from this month thanks to Queensland’s publicly owned power assets.

The dividends come off the top of the COVID household relief package, which provided Queensland households with $200 off their utility bills and $500 for small businesses.

The recent $50 dividends being applied as a credit on the homeowner’s electricity bills.  The dividend payment already applied to some ergon regional bills last week, and will be appearing progressively as people receive their bills.

Energy Minister Dr. Anthoy Lynham said the Government had locked in another annual $50 dividend payment to go to Queensland households in 2021.

“Queensland has the energy trifecta: lowest average prices on the eastern seaboard, reliable supply, and a transition to renewables in the future,” he said.  We benefited unlike other states by the dividends from our publicly-owned companies flowing back to Queensland families across the state, rather than to overseas shareholders.

Publicly-owned electricity companies like Powerlink, Ergon, Energex, CS Energy, Stanwell Corp, and CleanCo to invest more than $1.76 billion on capital works in 2020-21.

Source – Queensland Government Press Release

Up to Date

Latest News

  • New Mackay Manufacturing Hub

    The Palaszczuk Government has delivered on another election commitment today with the official opening the Mackay Manufacturing Hub. Member for Mackay Julieanne Gilbert said the new Mackay Hub would provide businesses in the region with access to development programs and specialised training. “Support for Queensland manufacturers – especially in the … Read more

    Read Full Post

  • Build-to-Rent a Queensland first

    Work is officially underway on the Palaszczuk Government’s first Build-to-Rent development, providing a boost to jobs in the construction sector and making affordable housing more accessible. Treasurer and Minister for Investment Cameron Dick today turned the sod on Mirvac’s LIV Anura Build-to-Rent development at 60 Skyring Terrace, Newstead, being delivered … Read more

    Read Full Post