Media release – Shooters, Fishers & Farmers, 4 March 2024
PROPOSED MARINUS LINK
Proposed Marinus Link: Political Parties debate Over Capital Investment they Ignore the Impending Electricity Bill Hike
The proposed Marinus Link has ignited a contentious debate among major political parties regarding its capital investment, overshadowing our critical concerns about its impact on annual electricity bills for Tasmanian residents and businesses. Despite the emphasis on the “economic advantages” of the project, the Tasmanian public remains largely unaware of the financial burden it will impose, their increased electricity bills.
The major political parties have been at loggerheads over the capital investment required for the Marinus Link project. amidst this fervent debate, both sides have neglected to address a crucial aspect—the significant rise in electricity bills for Tasmanian consumers.
The proposed Marinus Link is slated to be a regulated interconnector, meaning that its annual regulated revenue, under existing electricity regulations rules would be recovered via TasNetworks. It is projected to substantially increase Tasmanian residential and business electricity bills. Despite assertions from major political parties, Tasmanian voters have not been adequately informed about the potential financial repercussions of this project.
In addition to concerns raised by major political parties, the Shooters, Fishers and Famers Party has expressed opposition to the regulated Marinus Link due to its anticipated impact on Tasmanian electricity bills. We argue that such an increase would place undue strain on households and businesses, particularly in rural and regional areas.
Furthermore, there has been a conspicuous silence regarding the sentiments of Victorians towards the Marinus Link. Contrary to assertions made by proponents, Victorians have expressed reservations about the project and are exploring alternative solutions such as battery storage. This raises questions about the feasibility and necessity of the Marinus Link, particularly when alternative options are being actively pursued.
“The Tasmanian public cannot afford increased electricity bills,” remarked Michal Frydrych, Shooters, Fishers, and Farmers, Bass candidate reflecting the sentiments of many. The potential financial strain on households and businesses must not be overlooked in the pursuit of infrastructure projects, no matter how promising they may seem.
As discussions around the Marinus Link continue, it is imperative that the voices and concerns of Tasmanian residents and businesses are given due consideration and real consultation. The focus must shift towards transparently assessing the long-term financial implications of the project and exploring alternatives that prioritise true affordability and sustainability.
