Page 5537 - Week 13 - Wednesday, 17 November 2010

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MR SPEAKER: Order, members! Mr Corbell, I would invite you to withdraw that, thank you.

MR CORBELL: I withdraw, Mr Speaker. But it would be helpful if the opposition, having asked a question, actually listened to the answer. Two elements are being deployed.

Members interjecting—

MR SPEAKER: Order, members! The minister does have a point. Let us hear his answer, thank you.

MR CORBELL: Two elements are being deployed and have been agreed to be deployed by the government. The first is the existing allocation of 30 megawatts, which will now be shared between micro and medium generators. The total cost for households of that element is less than $2 per week per household once that 30 megawatts is fully deployed.

The other element that the government has agreed to deploy is 40 megawatts in the large generator category, to test the market and determine whether or not the reverse auction process should continue. That 40 megawatts, once deployed for large-scale generation, which will deliver, as a matter of interest, Canberra’s first large-scale solar farm, delivering on this government’s election commitment, will also only result in an impact on household electricity bills of no more than $2 per household per week. That is what the government has agreed to deliver, and it is in that context that I am answering the question about the percentage impact on household bills. (Time expired.)

MR SMYTH: A supplementary, Mr Speaker.

MR SPEAKER: Yes, Mr Smyth.

MR SMYTH: Thank you, Mr Speaker. Minister, do you agree that $4 a week at 52 weeks a year equals $208 per annum, divided by $1,522 per year as the average electricity bill equals one-seventh or approximately 14 per cent?

MR CORBELL: The full cost of the scheme has previously been outlined to members opposite. I have indicated to members opposite the price impact of those elements of the scheme that the government has agreed to deploy. What Mr Smyth fails to have regard to is the fact that the 30 megawatts in the medium and micro generator category have already been allocated as a pass-through to consumers by the Australian Energy Regulator. Other elements are yet to be allocated as a pass-through to consumers, and he should understand the difference.

Economy—outlook

MR HARGREAVES: My question is to the Treasurer. Treasurer, could you please inform the Assembly of the impact of the commonwealth midyear economic and fiscal outlook on the ACT?


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