29 May 2013 — The Australian Greens will establish a federal Energy Savings Agency to lower electricity bills, save energy and cut the pollution driving global warming.

Greens Leader Senator Christine Milne said Australia’s energy system would be fairer, cheaper and cleaner.

“The Federal and State Governments have failed to prevent unnecessary spending on new electricity poles and wires,” Senator Milne said.

“Nearly a quarter of all our electricity bills pay for the cost of installing infrastructure that we have built to supply electricity for just 40 hours a year during peak demand periods.

“For every $100 of your electricity bill, $51 is for poles and wires and, of course, householders receive no compensation. Only $9 is due to carbon pricing and low to medium income households are compensated for that.”

The Energy Savings Agency will have three priorities:

  • Driving down power bills by achieving $1 billion in energy savings. This will be achieved by negotiating targets and providing $400 million per year for five years in incentives to urgently reduce energy demand during peak periods
  • Paying Australians fairly for the clean energy they produce – more than one million Australians have installed solar panels on their homes and businesses and they deserve a fair price for the electricity they produce. The Energy Savings Agency will recommend minimum fair prices that electricity retailers will be compelled to pay
  • Designing a National Energy Efficiency Scheme, expanding three state-based schemes to save energy and money at home and at work.