Energy businesses can now start removing the cost of the carbon tax from energy bills following the repeal of the carbon price legislation today in the Federal Parliament.

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The Energy Supply Association of Australia (esaa) and the National Generators Forum (NGF) will merge from 1 July 2014.

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The amount consumers will save when the carbon tax is repealed will depend on how much energy they use and where they live, the energy supply industry said today.

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