The Prime Minister has recently outlined more changes to his NEG scheme, prompted by growing internal disruption from within the Coalition ranks.
This comes after the PMās office said it would not rule out taking tough action to get the National Energy Guarantee passed through Parliament.
The Government has so far already backed down on a proposal to integrate Paris emissions targets into Commonwealth legislation.
In the Facebook video, Mr Turnbull described a plan to force default power prices on providers as well as impose heavy penalties for those that did not bring their costs down.
Both of these measurers came recommended by the ACCC.
He said that āthrough more competitionā and āother changesā that the average energy cost for Australians would go down.
He threatened that if companies failed to pass on the savings, āthe ACCC will put them on noticeā. He also said they would āimplement the toughest penaltiesā to ensure Australians were getting āvalue for moneyā.
He went on to reiterate the ultimatum made by his office, saying that āwe will not hesitate to use a big stickā in order to make sure power companies complied.
Federal Labor has also drafted its own energy policy that is quite similar to the Governmentās, promising to cut power prices for homes and small businesses. It also said it would support a default energy cost.