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What, if anything, is the projected average annual impact on household electricity bills under the levy model for the proposed LNG import facility over the next 5, 10, and 20 years?

Answered Question 6104 (2026)
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Asked by

Megan Woods

Member for Wigram · Labour Party

Question

  • What, if anything, is the projected average annual impact on household electricity bills under the levy model for the proposed LNG import facility over the next 5, 10, and 20 years?

Answered by

Hon Simon Watts

Member for North Shore · National Party · Minister for Energy

Answer

This would depend on the contractual arrangements for procuring the terminal. Analysis indicates that a reduction in electricity prices will result in net savings for households.