The Queensland Government is reforming Queensland's electricity sector to address rising electricity costs.
This reform aims to deliver electricity in a cost-effective manner for customers and ensure a viable, sustainable and competitive electricity industry for Queensland.
This process will deliver Queensland’s first 30-year electricity strategy—a roadmap for how the state’s electricity is to be delivered reliably and cost effectively now and into the future.
Two committees—the Interdepartmental Committee on Electricity Sector Reform (IDC) and the Independent Review Panel on Network Costs (IRP)—were established to identify the issues and provide solutions to address rising electricity costs in Queensland.
On 16 June 2013, the government released its response to the Interdepartmental Committee on Electricity Sector Reform (IDC) report. The government response forms the first key step in reforming Queensland’s electricity sector.
The IDC was formed in mid-2012 to scrutinise cost pressures on electricity prices, network costs, electricity supply and retail competition. The IDC was chaired by the Director-General of the Department of Energy and Water Supply. It also included the Director-General of the Department of the Premier and Cabinet and the Under Treasurer, Queensland Treasury and Trade.
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An independent review panel was engaged by the IDC to investigate the impact of Queensland's electricity network on prices and provide solutions for a secure and cost-effective network. Mr Tony Bellas chaired the three-member panel which also included Mr Matt Rennie and Mr Alec Faulkner.
For more information read the panel's interim findings (PDF, 840.1KB) and final report (PDF, 2.2MB). The recommendations contained in the reports reflect the independent analysis undertaken by the panel. The government’s response to the panel recommendations are set out in the government response to the IDC report.
Building on the government's commitment to combat rising electricity costs, we are developing a strategy to help ensure Queensland's electricity supply system remains secure, reliable and cost-effective.
The strategy will be shaped by the findings of the Interdepartmental Committee on Electricity Sector Reform and the Independent Review Panel reports and is being developed in three stages:
Find out about some of the key reforms and highlights.