The Minns Labor Government’s Budget fails to provide energy certainty for NSW, limiting energy relief, ripping away subsidies for EVs and failing to include any provisions for the extension of the Eraring Power Station, potentially risking a future energy blackhole.
As families and businesses struggle under Labor’s cost of living crisis, higher inflation and increased interest rates, 1.5 million households will miss out on energy bill relief, leaving people across NSW to fend for themselves.
There are also more than 500,000 small businesses in NSW that do not qualify for energy relief from the Minns Government.
“The Government have not provided a single cent to the ongoing operation of the Eraring Power Station which could cost up to $3 billion. This is completely at odds with their commitment pre-Budget to discuss extending the aging power station.”
“And despite allocating $1 billion to their state-owned energy corporation, Labor can’t explain how it will function or when it will begin providing relief.”
The CEO of the Electric Vehicle Council has said that he doubted the people who voted for this government thought they were voting to cut electric vehicle incentives to fund handouts to coal-fired power stations.
“Not only has the Minns Government put us in reverse when it comes to Electric Vehicles by scrapping the $3,000 rebate and reintroducing stamp duty, they continue to leave households in the dark by providing meagre relief from energy bills,” Mr Griffin said.