ELECTRICITY bills are filling our letterboxes, and the bottom line is a lot more than expected for most residents.
The Queensland Competition Authority released a draft indicating electricity rates could rise by as much as 21.4% in residential tariffs during the 2013/14 financial year.
With the peak in prices, some residents have taken to the option of solar power.
CQ Solar owner and operator Casey Triplett said because of the increase in installations, prices have dropped along with their power bills.
"The supply and demand has continued to grow and in a way the price has dropped considerably," he said.
"It has really taken off in the last three years."
Mr Triplett said the solar industry was going to get busier, with the price hike in electricity bills and the deadline looming for the State Government's 44c/kwh solar bonus feed-in tariff.
People took advantage of the tariff before the July 9, 2012, deadline, but if you want to keep that 44c price you have to install the systems by June 30 this year.
"You have to put in an application for it, and keep in mind that people will freak out in June and every supplier will be flat strap," Mr Triplett said.
"We won't have the time slots, so it's important for people to act now rather than three or four months down the track."