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.

Up to Date

Latest News

  • MACKAY REAL ESTATE POST COVID-19

    It is so refreshing to open a newsletter with positive news amid a world gone mad and with many of us needing some reassurance. In March when ScoMo appeared on our TV screens and basically shut Australia down I can honestly say I would never have envisioned this in my … Read more

    Read Full Post

  • Mackay’s COVID-19 Recovery Plan

    Greater Whitsunday Alliance GW3 COVID-19 Regional Response for the Mackay Isaac Whitsunday Region It comes as no surprise to have the report confirm the Mackay Isaac Whitsunday region has consistently received lower budget expenditure allocations on infrastructure development within the State compared to the region’s productivity earnings, generating a sizeable … Read more

    Read Full Post