New South Wales state politicians will sit for one last time this year after parliament was recalled to deal with energy legislation.
Politicians on Wednesday will vote on a bill that is being introduced almost a week after the Albanese Government’s energy relief package passed the federal parliament.
Premier Dominic Perrottet said he asked the Presiding Officers on Monday to recall the parliament, in a move that had the support of Opposition Leader Chris Minns.
“The Energy and Utilities Administration (Amendment) Bill 2022 will enable the government to place a temporary cap on the price of coal used for domestic electricity generation at $125 a tonne,” Mr Perrottet said.
“The legislation supports an approach agreed by National Cabinet to cap coal and gas prices to reduce pressure on electricity bills and aligns with measures passed in the Australian Parliament on Thursday 15 December.
“The NSW Government has worked carefully with the Commonwealth to secure a package which will provide financial relief for NSW households and businesses facing increased energy costs while also supporting industry to ensure energy security across the electricity grid.
“The cap on coal and gas prices will help drive down the cost of energy for households and businesses in NSW, with Commonwealth modelling showing that the caps will provide an estimated average saving of $230 per household.”
Mr Perrottet will also briefly interrupt his leave to be back in Parliament for the introduction of the bill.
He had taken off December 19 to 24 “for a short break with my family in New South Wales”, with Paul Toole to be acting premier in Mr Perrottet’s absence.
Prime Minister Anthony Albanese announced the energy relief price plan earlier this month following a National Cabinet meeting in an attempt to deal with soaring prices.
The plan includes capping gas prices at $12/gigajoule, and New South Wales and Queensland limiting coal at $125/tonne, for a period of 12 months.
There is also $1.5 billion in energy bill assistance for eligible households and small businesses.