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NT electricity prices prompt government rebate

Electricity prices are on the rise in the Northern Territory, with the Giles government announcing a rebate to appease energy customers.

Power and Water Corporation (PWC) pre-paid token users will be eligible for a $50 electricity compensation credit, which will be applied automatically.

The territory's minister for essential services, Willem Westra van Holthe, said those with pre-paid systems will not have to do anything to receive the benefit.

"PWC staff will be visiting households to recalibrate electricity meters to the new prices; when this happens they will add a $50 pre-paid credit to the system," he explained.

The Giles government revealed that it will be reducing the severity of rises in electricity prices – lowering a previous increase from 30 per cent to 20 per cent.

PWC's regular customers will receive credit on their future bills to account for the change, which is being backdated to January 1 – but calculating the losses for pre-paid customers is more difficult.

Mr Westra van Holthe said: "PWC have established that with the recent reduction in increases, the average pre-paid household would have been affected by approximately $50."

According to the politician, the drop in electricity price rises will save the average household around $600 a year.

Posted by Charlie Moore