Tuesday, 7 May 2024

Energy policy

Gary MAAS (Narre Warren South) (19:14): (648) The matter I wish to raise is for the attention of the Minister for Energy and Resources and concerns the recent reduction in energy prices, thanks to renewable energy. The action that I seek is that the minister provides an update on this renewable energy price drop and its likely benefit to constituents in my electorate of Narre Warren South. Constituents often contact my office regarding their concerns about their electricity bills, and our government continues to provide support, with the previous multiple power saving bonus rounds, the Victorian default offer, concessions for the vulnerable and a move towards more affordable, more reliable renewable energy.

Because of our record investments in renewable energy, Victorians currently pay the lowest electricity prices in the country. We know that renewable energy is the cheapest form of new energy you can build, unlike those opposite, who want more expensive fossil gas and nuclear power. Last year renewables generated 38.6 per cent of the state’s power, a doubling from five years ago, with the goal to achieve 95 per cent renewable energy generation by 2035. The revival of the SEC of course is accelerating the transition to renewable energy, reducing power bills and emissions. Despite the scaremongering, climate denying and continued pushing of old, expensive forms of power by many in the opposition, Victoria is moving into the future and is on track to be a world leader in renewable power generation, which should benefit households in my electorate. I look forward to sharing the minister’s response with my community.