Queensland's electricity cost nearly doubles over 9 years

THE State's independent economic review body has revealed Queensland's electricity prices have increased since 2006-07 by 87%.

Queensland Productivity Commissioner Kim Wood put the rise down to escalating network costs, the costs of the Solar Bonus Scheme and the Federal Government's renewable energy target.

The commission handed down 54 recommendations in its electricity pricing inquiry draft report on Tuesday, following meetings with stakeholders in regional areas such as Bundaberg, Toowoomba and Rockhampton in October and November last year.

Mr Wood said the commission had investigated a range of issues, including the costs and benefits of electricity price deregulation in south-east Queensland, the level of competition in regional Queensland, electricity concessions, and the impact of emerging technologies and new business models.

The commission proposed the government reconsider Seniors Card holders eligibility for the $320 annual electricity rebate. Currently it is not means tested and available to anyone over 65.

"This means that some higher income households are able to access the electricity rebate, while some low income households remain ineligible," the report stated.

The commission went on to suggest Health Care Card holders be made eligible for the rebate.

Treasurer Curtis Pitt ruled out any changes to its 50% renewable energy target by 2030.

He said the Palaszczuk government would maintain its commitment following the announcement of its RET taskforce last week.

The commission is seeking further stakeholder feedback, which will be taken into account in developing the final report, due to be provided to the government by the end of May.

Mr Wood said further consideration in the preparation of the final report needs to be given to tariffs, the potential disruptive effects of new technology, and to specific issues raised in stakeholder submissions. - APN NEWSDESK