Melbourne’s mayor has plan to lower energy bills through power of bulk-buying

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Melbourne’s mayor has plan to lower energy bills through power of bulk-buying
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People under pressure to save on energy have been promised a radical plan by one city’s leader, who says it will slash power bills. Melbourne Lord Mayor Nick Reece has pledged to establish Australia’s largest community-led bulk purchasing program for renewable energy across Melbourne, if he is re-elected. “Australians are desperate for power savings at the moment,” he said on Friday. “People want relief from the pressure they’re under.

The initiative would not just benefit residents of the Victorian capital, but other inner-city councils Darebin, Hobsons Bay, Maribyrnong, Merri-bek, Moonee Valley, Port Phillip, Stonnington and Yarra. Reece said the plan had potential for local governments across the nation and there was no reason why other councils couldn’t join once the project was under way in Melbourne. “I do hope this is something that other cities around Australia will look at,” he said.

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