Big influx of cash coming LPEs way soon - happy customers with less likelihood to churn getting no bill as well.
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https://statements.qld.gov.au/statements/100217
"New Premier Steven Miles has announced all Queensland households will receive a $1,000 rebate on their electricity bills from July this year.
This nearly doubles the $550 electricity rebate that was paid to households this financial year.
The direct return to households recognises the increased pressure on household budgets as a result of growing everyday expenses like mortgage repayments, rent, groceries and fuel.
Eligible seniors, pensioners and concession card holders will receive $1,372 off their power bills.
Queensland Government funded support of $325 off power bills will continue for small businesses.
Upfront $1,000 rebates will be applied to households bills from July, meaning most Queenslanders will not pay a single cent on their first power bill of the next financial year and many won’t pay another bill until 2025.”
