Hundreds of thousands of households and businesses in Australia's east could see their power bills fall, while others will see rises below the inflation rate, according to the national energy regulator.
Wholesale electricity costs are forecast to jump by less than half of earlier dire predictions after the federal government stepped in to cool the market.
Updated Treasury forecasts have prices in Queensland coming...
The threat of big stick intervention in the energy market has been enough to drive down power prices by as much as 50 per cent, even before the government's price caps come into force.
Winter power bills will soon arrive, pushing many Australians further into energy poverty. But more can be done to help make ends meet, including better access to cheaper sources of power and more efficient home appliances, say renewables advocates.
