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Friday, May 31, 2024

Latest news: Electricity prices

Most east coast households could see lower power bills

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.

ACT electricity prices stable due to renewable energy

Without large scale Renewable Energy contracts, average electricity bills would have been around $225 higher, the ACT government says.

Energy cap takes sting out of price hikes

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...

Threat of energy price cap already working

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.

Six-point energy plan to tackle bill shock

Calls are growing for federal and state governments to cap surging electricity and gas prices to protect Australians from further bill shock.

Australians powering up to prevent winter power bill shock

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.