Double-digit shock as electricity bills set to surge by 21. 4 percent in QLD

The Courier-Mail recently revealed the the Queensland Competition Authority will recommend a 21.4 per cent increase in power prices in 2013/14.

The increase would add $428 to an annual power bill of about $2000.

Why are prices rising? Here’s the QCA’s explanation [PDF]

To read the full article from the Courier-Mail, click here