Great news for our gas bills 65



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The cost of living seems to keep going up, instead of down, and for many who are living pension to pension, or trying to save as much of their super or income as they can, every dollar counts. We have some good news: gas prices are set to go down by up to 40 per cent.

For those of us who have gas, you’ll know it costs a pretty penny to keep going. But news this morning has revealed that demand for gas will drive competition between distributors, which will in turn mean savings for consumers.

So what is being this price drop? Well, it’s going to cost less to deliver gas to households as wholesale users fall and household demand rises. More residential housing in areas such as Sydney will mean there’ll be more than 35,000 new gas connections a year over the next five years, according to Jemena managing director Paul Adams.

According to The Age, Mr Adams will tell a conference today, “Despite difficult market conditions, we’re anticipating a ‘connections boom’ over the next two years, driven by construction in the greater Sydney area”.

Gas has advantages over electricity for heating, cooking and hot water as it is abundantly available and burns cleanly.

Mr Adams assures houses that they are going to cut transmission prices by 40 per cent and gas supply prices will decline.

Tell us today, do you use gas? Do you often have a high bill? What would it mean to you to reduce your gas bill?

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  1. wont helpus as gas company arent interested in extending gas main up to 300metres to offer a service to upwards of 100 new units to be built in our area and offer services to 100 s of existing homes….they dont need our business ( gas hot water would be a big plus especially a continuous flow system insted of electric hw storage which is expensive for small usage customers

  2. We all know electricity will go sky high once privatized, I don’t care what this Baird is saying, they tell lies. Gas is cheaper for now, but once the politicians connect NSW pipeline to the Gladstone export pipeline which is what they want, prices will go through the roof like oil & Opec. We will be regulated to overseas prices. We must not let this happen.

    4 REPLY
    • SA sold off the power network and now we have the highest rates in Australia and the third highest in the world.
      Meanwhile the owners of these companies like AGL are all overseas investors sitting back and rubbing their hands together whilst receiving over a million dollars clear profit every week from us.

  3. He’s talking SYDNEY , let’s hope he is meaning all areas all cities , we are on gas and love it , heating and cook top and electric oven . It’s very efficient so so let’s hope prices do go down as it does hurt a bit during winter .

  4. Thought you might have some good news! Here in South Australia we pay the highest rates for all our utilities – nothing good for us here!

  5. Thought you might have some good news! Here in South Australia we pay the highest rates for all our utilities

  6. So I’m guessing you think everyone lives in sydney.
    Sorry, but the majority of Australians live in other areas and it can be guaranteed that there will be no decrease in costs.
    The companies will get together and costs will increase.

    1 REPLY

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