AGL Energy has warned Australian consumers that power bills are likely to increase. The higher prices have been driven by the popularity of solar panels. Consumers have embraced the photovoltaic panel technology, which is subject to a generous government subsidy. Federal Climate Change Minister Greg Combet has dismissed criticism that renewable energy policies have created an excessive financial burden. Consumers without solar energy will be left to meet the growing cost of energy.
Publication Date: 21 October 2010
AGL ENERGY LIMITED - ASX AGK
AUSTRALIA. DEPT OF CLIMATE CHANGE AND ENERGY EFFICIENCY
ORIGIN ENERGY LIMITED - ASX ORG
ENERGY AUSTRALIA PTY LTD
INTEGRAL ENERGY AUSTRALIA
ENERGY USERS ASSOCIATION OF AUSTRALIA
RIO TINTO LIMITED - ASX RIO
BHP BILLITON LIMITED - ASX BHP
ENERGY SUPPLY ASSOCIATION OF AUSTRALIA LIMITED
NATIONAL PARTY OF AUSTRALIA
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