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Three Australian States Hit with Electricity Price Hikes
- The Australian Energy Regulator approved electricity price increases affecting residents in New South Wales, South-East Queensland, and South Australia in 2025.
- The increases result from rising wholesale and network costs, resilience expenses, and government failures to control multinational corporation pricing.
- The default market offer will raise average annual bills by $71 to $228, with New South Wales seeing the steepest hike up to $2,740 for regional customers.
- Cassandra Goldie emphasized that the rise in electricity prices will affect people living in poverty most severely, particularly those who have the least financial capacity to absorb the additional costs.
- The price increases highlight the need for faster renewable energy transitions and better energy efficiency programs, as one-off rebates do not provide permanent relief.
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Three Australian states hit with electricity price hikes
Residents in some Australian states are facing a potential increase on their annual electricity bills from July 1. Queensland, New South Wales and South Australia residents will likely see a three to 10 percent increase on their annual bills - just as winter sets in.
·Sydney, Australia
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Newcastle Herald+2 Reposted by 2 other sources
Looming power bill hikes spark calls to shop around
Hunting for a better deal could save some Australian households and businesses hundreds of dollars a year as...
·Newcastle, Australia
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