Perhaps the best demonstration of the effects of regulated electricity prices is to compare Canberra and Queanbeyan with electricity supplied by ActewAGL.
Despite being considered a poor cousin to Canberra, Queanbeyan residents pay considerably higher electricity charges.
ACT: supply charge – 53.90 cents per day; consumption – 15.598 cents per kilowatt hour inclusive of GST
Queanbeyan: supply charge – 82.66 cents per day; consumption – 24.3342 cents per kilowatt hour inclusive of GST
So the poorer Queanbeyan residents pay a supply charge 53 per cent higher than in Canberra and a consumption charge 56 per cent higher.
So if a family consumed 4000 kilowatt-hours in a year, they would pay $820 in Canberra and $1274 in Queanbeyan.
What percentage of Canberra residents do you think choose “green energy”? According to the Actewagl website, there were 17,000 “greenchoice” customers as at 31 March 2010 (some of whom may be Queanbeyan residents). That doesn’t seem very high for the public servants in Canberra who are trying to tell us how to live our lives.