Electricity Bill Hike By AU$200 From July 1: What It Means For Your Wallet
Australian households are expected to pay up to AU$200 more for their electricity bills starting from July 1, according to a new analysis by Canstar.
The cost of electricity is set to increase for many households, with the rise varying depending on where people live. In some areas, the increase could be between 2.5% and 8%, while small business customers may see increases ranging from 4.2% to 8.2%, reports News.com.
Residents in New South Wales (NSW), south-east Queensland, and South Australia will face higher bills, with annual increases ranging from AU$114 to AU$200.
However, residents in Victoria will be spared from significant increases.
Under the draft plan by the Essential Services Commission (ESC), which sets default offers for Victoria, customers may experience either a........
© International Business Times
