A POWER-FUL RESPONSE
Regarding the letter Hand Back Power (Illawarra Mercury, Feb 16, 2018), TransGrid is one of four electricity networks in NSW, and understands that power prices are a significant concern for many households and businesses.
In December last year TransGrid submitted a proposal to the Australian Energy Regulator (AER) which would cut transmission tariffs on average by 3.9% over the next five years.
This follows a 7.1% drop in transmission tariffs in the 2014-2018 regulatory period, compared to the prior period.
The returns of network businesses such as TransGrid are set by the AER every four to five years.
It is the AER that determines the revenue TransGrid can collect, and therefore the price paid by consumers for network infrastructure, not investor decisions.
TransGrid’s network generally accounts for less than 6% of a NSW or ACT electricity bill, and the reliability level of our network is 99.9998%.
We believe our proposal submitted to the AER will ensure that consumers will only pay for the most cost-effective solutions in energy transmission.
Andrew Lewis, Government and Stakeholder Engagement Manager, TransGrid
We have now seen 27 consecutive negative news polls for Prime Minister Turnbull.
He used the excuse of 30 negative news polls to roll Tony Abbott.
The public thought that he would put his stamp on the Liberal Party/LNP but unfortunately it seems that the party has put their stamp on him, because nothing has changed from the Abbott days in policy direction.
Mr Turnbull and Mr Morrison are keen on telling us that their government created 403,000 jobs last year, yet the workforce only grew by 41,000 and we still have 2.59 million people either unemployed or underemployed according to Roy Morgan Research Corporation, which is disastrous.
The shenanigans of this LNP government with politicians like the Deputy Prime Minister lurching from one crisis to another has undermined this government, we thought they were bad enough with Tony Abbott white anting the government at every turn, now, just for good measure, the government has added adulterer to their resume, this, along with his boss dodging tax by putting his money in the Cayman Islands rounds off precisely why we are in urgent need of a progressive change.
Let us hope the next federal government thinks of the people and forces the corporations to pay a fair share of taxation, because with the current mismanagement we are going backwards.
Shaun Newman, Deeragun
The Prime Minister’s new Code of Ethics for Coalition politicians needs to cover a few more potential, unethical behaviours. It should at least include _
- A Prime Minister should always be forthright in his/her public statements and never appear to be loose with the truth.
- A Prime Minister should never use the misfortunes of a parliamentary colleague to strategically enhance his/her electoral appeal, or general popularity.
- A Prime Minister should be willing to move immediately to the Back Bench if his/her government is found to be behind in twenty-nine consecutive Newspolls.
Richard Burnett, Wollongong
TAKING A TOLL
A new four lane bridge over the river at Nowra without a toll.
Who would have believe that this Liberal government would deliver an infrastructure project without a user pays option?
Guess there can’t be any money in it for their mates in big business infrastructure companies.
Tony Heathwood, Kiama Downs