Energy.
The Miles Labor Government has worked hard to deliver cheaper and cleaner energy for all Queenslanders.
Doing what matters on energy.
Labor has delivered the biggest cost of living initiative by a state government ever.
Because we’re making multi-national coal companies pay their fair share through progressive royalties, we’ve been able to provide a minimum $1,000 cash back into all Queensland households through energy rebates.
This nearly doubles the $550 electricity rebate paid to households last year, and for seniors and the most vulnerable, we’re delivering $1,372 in electricity bill relief.
In the long term, we are working to lower electricity prices through our nation leading Queensland Energy and Jobs Plan - the most significant energy plan of any state in the country.
Our plan is to replace coal with 80% renewables by 2035, and we have made that law.
Not only does it mean cleaner power, but it means long-term cheaper power, as we turn to Queensland’s natural, and free resources like the sun and wind, to power our state. That's why we invested over $26 billion in our energy plan, for more wind, solar and battery projects.
This investment builds on our record of taking Queensland from having no wind or solar farms to 10 gigawatts and 27% renewable energy.
Delivering these projects means delivering emission reduction targets that have now been legislated under Steven Miles - 75% emissions reduction target by 2035, and net zero by 2050.
Our Record.
Our energy record is proudly built on public ownership of our energy system, which we have now made law.
We have retained ownership of our poles and wires, generators and invested further in new energy infrastructure to support a projected 100,000 jobs.
Our publicly owned energy system is delivering the lowest energy bills per kilowatt hour in the nation.
We have kept the lights on, prices low, grown jobs and delivered greater emissions abatement than any other state since 2005.
We have a costed, funded and transparent plan to get the balance right and ensure we do our bit to protect the Great Barrier Reef, and other ecosystems threatened by climate change.
The Queensland Energy and Jobs Plan.
If re-elected, the Miles Labor Government will continue investing $26 billion over the next four years in projects to transform our energy system:
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$16.5 billion in new wind and solar generation and energy storage projects
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$9.7 billion in the SuperGrid transmission network, including $6.2 billion for CopperString
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$500 million for distributed energy resources, including household and community battery projects
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$192 million for transmission and training hubs
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$150 million Job Security Guarantee Fund
These investments will keep us on track to meet our legislated targets of:
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75% emissions reduction by 2035
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80% renewable energy by 2035
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100% public ownership of all poles and wires
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100% public ownership of deep storage renewable hydro power stations at Pioneer and Borumba
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54% public ownership across all generation
Petrol Prices.
If elected, the Miles Labor Government will legislate to force fuel companies to report price increases a day in advance and limit them to 5c a day.
We will also identify new sites and planning interventions to bring fresh competition from independent retailers as well as publicly owned service stations into parts of Queensland which have not had sufficient competition to bring downward pressure on fuel prices.
Energy Price Guarantee to keep household power prices down.
The Miles Labor Government has already delivered the lowest household power bills in the nation with our $1,000 electricity rebate, this financial year.
If elected, a Miles Labor Government will deliver an Energy Price Guarantee that household bills will remain lower than the average national electricity market price.
The Energy Price Guarantee is supported by the commitment to establish a statewide publicly owned energy retailer which will offer the lowest household power prices on the east coast.
To combat potential coal price increases impacting the cost of electricity, our government will use the increased coal royalty revenue from those price increases to fund energy rebates.
The Miles Labor Government can make this guarantee because Queenslanders own their energy assets and we’ve invested a record $26 billion over the next four years for more clean energy generation.
The LNP are opposed to this investment and cannot match this guarantee. Their plan to privatise our energy generation will drive up prices and cost Queenslanders more. Queensland cannot risk energy price escalation under the LNP.
Publicly Owned Power Retailer.
This is all at risk under the LNP.
Unlike Labor, the LNP don’t believe in public ownership of our energy assets.
The Newman LNP Government tried to sell them off when the LNP were last in government, which David Crisafulli fully supported.
We all remember before the 2012 election Campbell Newman signed a letter advising he had no plans for privatisation, then started the asset sales process once elected.
This year the LNP voted against our Energy (Renewable Transformation and Jobs) Bill three times – which locked in public ownership of our state energy assets into law.
The LNP won’t just sell our energy assets, they’ll also sell out our future.