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AAP

Politics

Marty Silk

Qld electricity prices won't fund budget

Electricity Cameron Dick Queensland CS Energy CleanCo Renewable Energy

Queensland's wholesale electricity prices are the highest in the country. (AAP)

Queensland's public electricity generators' profits will be used to transition to renewables rather than funding the budget, the treasurer says.

The state's wholesale prices leapt to a record $283 per megawatt hour last month and are the highest in the nation.

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Top stories on inkl right now

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"It’s all coming—you know—from D.C."

We Got This Covered

One subscription that gives you access to news from hundreds of sites

Already a member? Sign in here

Moment Arizona cops shove a college cheerleader to the ground to arrest her

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