…from the quill of Antisthenes the Younger
Or for somebody. Somewhere. Perhaps it is good for Power (electricity) Brokers. From The Courier-Mail of 10th August, 2012:
Queensland Chamber of Commerce and Industry president David Goodwin said the “weird distortions” were becoming apparent.
“We are finding that ordinary supermarkets like the local IGA may be up for up to $15,000 on the carbon tax alone if they have to re-gas their giant refrigeration system,” Mr Goodwin said. “Somehow these guys are going to have find ways to cover these extra costs.”
The Anglican Church Grammar School (Churchie) faces a 30 per cent increase in electricity for the month of July, well above the 9 per cent increase predicted by the Federal Government.
Headmaster Jonathan Hensman said Churchie had struggled to become energy-efficient, employing everything from external louvres to power factor connection mechanisms to stop power leakage. Now he estimates the school will have to find an extra $1400 a week to meet the cost of the carbon tax. He said that in the post-GST environment, passing on the cost to parents through higher fees was not an option.
Electricity broker Peter Phillips said several schools were reeling from the steep increases.
A spokesman for federal Climate Change Minister Greg Combet said the average rise would be 9 per cent, and consumers had been compensated for businesses that passed on the cost of steeper rises.
The carbon tax component for Churchie for the month of July is $5600 – about 15 per cent of the entire bill of $38,000.
The school negotiated low-cost power through Mr Phillips, but now estimates it will have to find about $70,000 a year extra to cover the tax.
Mr Phillips, owner of Mantel Solutions, said many high-end users used brokers to secure cheap electricity discounts of up to 50 per cent over the average householder. But brokers could not secure concessions to the carbon tax.
The Federal Government predicted businesses may face steeper hikes and had compensated households, the spokesman said.
“That is why we are providing households with tax cuts, higher family payments and pension increases to meet the increase in the cost of living, which Treasury estimates will be an increase in the CPI of 0.7 per cent,” he said.
Queensland Energy Minister Mark McArdle seized on the bill as an transparent example of how the carbon tax impacted commercial electricity bills.
“For most domestic customers the price of the carbon tax is hidden in the total cost of the electricity tariff,” Mr McArdle said. “In the case of market contracts, such as this, each of the components that make up a bill is clearly identified. It shows that off-peak energy is attracting an 80 per cent increase directly related to the carbon tax.”