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Power bills to jump as much as 25pc (again)

Households will face electricity price increases of up to 25 per cent from July 1, after final determinations from regulators on Thursday.

While wholesale power prices are significantly lower than 12 months ago, and despite the federal government’s intervention in the energy market, there will still be significant prices rises in 2023-24.

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Mark Ludlow writes on politics, energy and infrastructure based in Brisbane. Connect with Mark on Twitter. Email Mark at mludlow@afr.com
Angela Macdonald-Smith writes on the resources industry with a focus on energy, including gas, oil, electricity and renewables. Connect with Angela on Twitter. Email Angela at amacdonald-smith@afr.com

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    Original URL: https://www.afr.com/companies/energy/australians-power-bills-to-jump-as-much-as-25pc-again-20230524-p5dawm