Episode Details

Good news for Australian residents and small businesses on the east coast: power prices are set to decrease starting in July due to increased wind power, battery storage, and lower electricity contracts. The Australia Energy Regulator proposed cuts to the default market offer, which could result in savings of up to 21.2% for small businesses and over $200 a year for households in New South Wales and Queensland. The Victorian commission also suggested a 46-dollar decrease in average bills and introduced a solar sharer option. However, the system still relies partly on global fossil fuel prices.

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