The Queensland Government has announced CS Energy; which is wholly owned by the Queensland State Government, will form a 50/50 partnership with the privately owned Alinta Energy. The newly formed company would provide discounted electricity prices to residential customers and small businesses in South East Queensland.
The new company would offer a 2-year electricity contract with a headline 25% discount of usage charges. This offer is currently marketed on Alinta’s website as a Home SaverPlus.
The Queensland Government is urging other retailers to offer similar discounts and has encouraged them to approach the government owned corporations to strike similar deals and pass on savings. There are currently no plans to extend this offer outside South East Queensland.