Origin Energy Criticized for Not Lowering Electricity Prices
The topic is the cost of living.
It was published on Wednesday, 24 June 2026, at 10:42 am.
David Janetzki says households in south-east Queensland should get lower power bills.
The Queensland treasurer criticized Origin Energy for raising power prices despite falling benchmark electricity prices.
The Australian Energy Regulator released a new pricing structure that could lower household electricity bills by up to 7.2 percent in south-east Queensland. This change happened last month.
The government recently announced its budget, which aims to reduce the financial pressure on households.
Prices should be going down.
David Janetzki saw a letter to Origin customers saying prices would go up significantly.
David Janetzki said Origin is the first retailer not doing the right thing, and he will name other retailers if they don't follow suit. He will monitor the situation closely.
He said the regulator's decision made it clear that prices should be going down.
Some electricity users got higher charges despite the talk of lower default market offers. The regulator is investigating this issue. Retailers say the cause is a rebalancing of supply and usage charges.
When systemic power prices go down, consumers and businesses should get the savings.
David Janetzki directed Ergon to pass on savings to their regional customers. Households can get up to 6.9 percent savings, and businesses can get up to 8.1 percent savings. He did this because he wants to help people save money.
David Janetzki accused energy retailers of playing games and said there's no excuse for increasing one component to offset the other.
He wants to see savings in people's pockets, not in big corporations' profits.
David Janetzki will ask the Queensland Competition Authority to investigate and monitor prices.
Origin Energy has been contacted for comment.
The article was published on Wednesday, 24 June 2026, at 10:42 am.
There is a promotion available.
Here are the top stories.
This is a live update.
The topic is the air transport industry.
The topic is social media.
The topic is the cost of living.
The topic is shark attacks.
Here are related stories.
The topic is the cost of living.
The topic is the budget.
The topic is the budget.
The topic is utilities.
Here are related topics.
The location is Brisbane.
The topic is the cost of living.
The topic is the energy industry.
The topic is state and territory government.
Here are the top stories.
This is a live update.
The topic is the air transport industry.
The topic is social media.
The topic is the cost of living.
The topic is shark attacks.
Here are the latest news.
This is a breaking news update.
The article was published on Wednesday, 24 June 2026, at 12:06 pm.
The topic is crime.
The article was published on Wednesday, 24 June 2026, at 11:48 am.
The topic is higher education.
The article was published on Wednesday, 24 June 2026, at 11:21 am.
The topic is the FIFA World Cup.
The article was published on Wednesday, 24 June 2026, at 11:48 am.