Power bills could rise by $1,000 a year under Coalition plan to boost gas until nuclear is ready, analysts say

Power bills could rise by $1,000 a year under Coalition plan to boost gas until nuclear is ready, analysts sayAustralians could face an increase in annual household power bills of up to $1,000 under a Coalition plan to slow the rollout of large-scale renewable energy and use more gas-fired electricity before nuclear plants are ready, analysts say.

Sign up for Guardian Australia’s free morning and afternoon email newsletters for your daily news roundup Peter Dutton’s nuclear power push does not address the urgency of the climate crisis we now find ourselves in | Alan FinkelDargaville said more renewable energy backed by “firming” support – including energy storage, new transmission lines and gas power only when required – was “the only sensible option and almost certainly the least cost option”.

“If you slow the rollout of renewable energy and backfill with gas we’re talking about quite a large cost,” McConnell said. Dutton said he wanted the commonwealth to build nuclear plants on the site of existing or past coal-fired plants in Queensland, New South Wales, Victoria, Western Australia and South Australia.But he has not released the cost of the plants, explained how the Coalition would lift legislated federal and state bans on nuclear power, or said why he believed the first two plants could be operating by 2035 or 2037 – a much faster timeframe than experts say would be possible.

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