Government 'absolutely confident' prices will fall under energy model: Frydenberg

Federal Labor and state energy ministers will be provided with economic modelling on the federal government's energy policy before COAG meets in November.

Energy Minister Josh Frydenberg and Prime Minister Malcolm Turnbull.

Energy Minister Josh Frydenberg (l) and Malcolm Turnbull will discuss energy policy at COAG. (AAP)

The federal government will provide economic modelling to the Labor Party and state ministers backing up its claim of household power savings of $115 a year, Energy Minister Josh Frydenberg says.

Mr Frydenberg says the modelling would be provided to the federal opposition and state governments before next month's Council of Australian Governments meeting.

"It's in the country's interests and it's in the states' interest to get on board with this expert recommendation," Mr Frydenberg told ABC TV on Sunday.

Prime Minister Malcolm Turnbull has appealed to Labor and the states to discuss ways of implementing the government's national energy guarantee.

Mr Frydenberg said he understood the reluctance to support the policy without modelling, but believed the opposition had been caught flat-footed by last week's announcement.

"When it comes to the climate wars, it is time the Labor Party sued for peace," he said.

The government is spruiking savings of an average of $110 to $115 a year over the period between 2020 to 2030.

But the opposition has accused them of giving away Australia's renewable energy industry in return for a possible 50 cents-a-week saving on household power bills.

Mr Frydenberg said the policy would guarantee the energy network's reliability and Australia's ability to meet the Paris climate change agreement, but stopped short of assuring a drop in prices.

"We are absolutely confident the prices will come down because that's the best advice of the Energy Security Board which represents the best experts in the field," Mr Frydenberg said.
Labor's junior spokesman for manufacturing and science Nick Champion said there were a lot of unanswered questions about the energy package.

"It might well be conceptionally a carbon trading market, it might well conceptionally put reliability into the system, who doesn't like those things," Mr Champion told Sky News.

"But the devil is in the detail, and there is no detail."
Conservative senator Cory Bernardi said what the Turnbull government was proposing was a "baby step in the right direction".

"Saving $100 in ten years time is neither here nor there," he told Sky News.

"We need absolutely to provide certainty for our business community in this country."

He said building a nuclear power station or a coal-fired station would be competitive when the government was spending $3 billion on renewables "that aren't working for us at night or when the wind isn't blowing".

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