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$22.7 Billion Later: Whatever Happened to My $275 Power Saving?

They didn’t fudge it. They put a number on it — $275 off your power bill. This week I went looking for that number, and instead I found a very different one.

Black and white

The energy regulator’s own report says electricity prices have gone up $22.7 billion since Labor came to power. That’s not me editorialising from the garage. That’s the umpire’s report. And search it as hard as you like — the $275 discount we were promised is nowhere to be found.

Chris Bowen’s favourite excuse

The latest line from Chris Bowen is to blame the previous government. How long ago was that, exactly? Three years in, you can’t keep looking over your shoulder while the bills climb. This is a party that has perfected the art of staring down a camera and calling black white, up down, night day. So they just say it — and hope we swallow it.

The reason is no mystery

We all know why prices are so high. It’s the net zero crusade and the renewables policy that was sold to us as cheaper and has turned out to be vastly — $22.7 billion vastly — more expensive. And now we’re expected to believe the government had nothing to do with it.

Did they get away with it?

I don’t think they will. But you tell me. This is the kind of thing people carry into the ballot box. Call me on Friday and let’s have it out.

Watch and listen to the full episode below.

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