Last week, the ACT Independent Competition and Regulatory Commission announced that households could expect a nearly 20 percent increase in electricity prices after July 1, pushing average electricity bills up by $333 a year and natural gas bills up by $247 a year.
This came only one day after it was revealed in the 2017 ACT budget that rates would be increasing by up to 33 percent in some cases, with the average increase sitting at 7 percent.
National Senior’s ACT Policy Advisory Group member Dr Bill Donovan says the soaring prices will hit the elderly the hardest, as many are pensioners or on a fixed income.
“These power increases, which come at the coldest time of the year when older people rely on heating to keep their homes liveable, will make it hard for many of them to make ends meet,” says Dr Donovan.
“Even the main energy supplier, ActewAGL, has acknowledged that looming...
Read more: ACT Seniors urged to stay warm despite power price hikes - Talking Aged Care