Australia just figured out how to offer electricity cheaper. Why can’t the U.S.?
Australia just figured out how to offer electricity cheaper. Why can’t the U.S.?
A combination of abundant rooftop solar, subsidized home batteries, and far less red tape is pushing power prices down—and changing when and how Australians use electricity.
[Photo: James D. Morgan / Contributor/Getty Images]
Electricity prices keep rising in the U.S. Last year, home electric bills surged at more than twice the rate of inflation. By 2030, by one estimate, residential electricity prices in some areas could be as much as 40% higher than they were in 2025. At least one in three American........
