RAJ REPORT

Electricity RIP OFF—-The huge profits being made by Ergon should be returned to consumers and not returned to consolidated revenue——–4) Ring-fence all future dividends from publically owned energy businesses and rather than returning funds to consolidated revenue use those funds for: o Consumer price relief in the form of subsidies and rebates. o Fully fund renewable schemes such as solar feed-in tariff. o Maintain the Uniform Tariff Policy. o Invest in development and research of emerging energy technologies.—Electrical Trades Union 13th of October 2014

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4) Ring-fence all future dividends from publically owned energy businesses and rather than returning funds to consolidated revenue use those funds for:
o   Consumer price relief in the form of subsidies and rebates.
o   Fully fund renewable schemes such as solar feed-in tariff.
o   Maintain the Uniform Tariff Policy.
o   Invest in development and research of emerging energy technologies.

 

Keep assets in public hands and save consumers $310 per year off power bills: ETU tells Government.

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