Original article by Patrick Commins, Sarah Ison
The Australian – Page: 1 & 2 : 20-Mar-24

The Australian Energy Regulator’s proposed changes to the default market offer could reduce household power bills by up to 7.1 per cent in 2024-25. Businesses in turn could see their electricity costs fall by up to 10 per cent. However, the AER’s proposed changes to the default market offer will be offset by a likely big increase in electricity bills for many households if the federal government does not renew its commitment to the energy bill relief fund in 2024-25, which is jointly funded by the states. It has provided energy subsidies to people on low incomes and small businsses.

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AUSTRALIAN ENERGY REGULATOR