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2d ago

Electricity Prices to Rise by Up to 9.7% in NSW, South-East Queensland, and South Australia

The Australian Energy Regulator's finalized price increases, effective July 1, will add significant costs to household and small business energy bills, with NSW residents facing the steepest hikes.

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Overview

  • The Australian Energy Regulator (AER) has confirmed electricity price increases of up to 9.7% for households and small businesses in NSW, South-East Queensland, and South Australia starting July 1, 2025.
  • NSW will see the largest increases, with annual bills for households with Essential Energy rising by an average of $228, reaching $2,741.
  • The price hikes are attributed to rising wholesale, network, and retail costs, including expenses related to infrastructure upgrades and system maintenance.
  • The federal government is offering energy bill relief of $75 per quarter for households and small businesses, but advocacy groups argue this measure is insufficient for low-income households.
  • Energy Minister Chris Bowen has urged consumers to shop for competitive energy plans, highlighting potential savings of up to 27% by switching providers.