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March 3, 2024

Nats MLC explains power policy

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Nationals MLC and Ballina state election candidate Ben Franklin has responded to comments by Labor Lismore candidate Janelle Saffin that Labor will legislate lower power costs for consumers.

A damning report from the NSW Energy and Water Ombudsman has revealed that ‘the NSW electricity market is broken and is not working for us,’ according to LMs Saffin.

And if elected, her government would re-regulate electricity prices, which would bring down costs to consumers.

Saffin blamed the poles and wires privatisation by the NSW coalition as one cause of higher prices, and added that ‘30 per cent of people who live outside of Sydney in regional NSW saw very little of that money.’

The Echo asked , ‘Do you concede your government’s energy policy has been a failure for consumers?’

The Echo also asked Franklin, ‘If Liberals-Nationals are returned in NSW next year, what guarantee is there that your existing (or non-existing) energy policies will bring electricity prices down?’

Mr Frankin replied, ‘Energy affordability is a priority for the NSW government.’

‘That is why the government is developing a new Energy Switch service focused on providing a platform that will empower consumers to shop around for a better deal and increase price transparency within the energy retail sector.

‘We expect retailers to put their customers first by helping them with their rebates and providing lowest-priced market offers to ensure households and businesses are receiving the best deal.

‘The government is working with all the NSW electricity networks (through the NSW network reform program) to reduce both the capital works program and operating expenditure. This resulted in $7 billion being saved for NSW electricity customers since 2011.’


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