Overview
- The Australian Energy Regulator (AER) has finalized its Default Market Offer (DMO), leading to electricity price increases starting July 1, 2025.
- NSW households will see the largest hikes, with prices rising between 8.3% and 9.7%, while Queensland and South Australia face smaller increases of up to 3.7% and 3.2%, respectively.
- The price hikes are attributed to rising wholesale, network, and retail costs, driven by factors such as coal plant outages, high fossil fuel prices, and infrastructure investments for renewable energy.
- Approximately 475,727 residences and 91,060 small businesses across NSW, Queensland, and South Australia will be impacted by the changes.
- The Albanese government has announced quarterly bill relief of $75 for households and small businesses to mitigate the impact, valid until the end of the year.