State leaders call for more details on electricity plans

STATE and territory leaders are calling for more details before signing up to the Federal Government's plan to cut electricity bills.

Prime Minister Julia Gillard says her reform package will save consumers $250 per year on their power bills.

She is hoping to reach an agreement on the plan at a COAG meeting of state and territory leaders on Friday.

Ms Gillard wants to give more funding to the national energy regulator, and set up new consumer groups to keep power prices down.

Victorian Energy Minister Michael O'Brien says some of the proposals look worthwhile, but the industry watchdog needs more power.

Read more at ABC news online

 


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