Wholesale electricity prices on the National Energy Market have bucked a two-month downward trend and prices have pushed back upwards substantially in all states under review. Victoria and Queensland experienced …
Wholesale rates down in all states, with South Australian prices back to pre-crisis levels
Electricity rates – wholesale rates trended down in all states under review from June through to July 15, with futures prices in South Australia trending 1 percent lower than they …
Wholesale rates spike after coal generators fail
Electricity rates – wholesale rates were trending downward to reach a low point in early June, mainly due to the increasing pace of renewable energy projects adding more supply into …
Electricity rates update: December 2017
Electricity rates: Futures prices dropped in all states under review from 1 December 2017 to 10 January 2018. The biggest drops were experienced in Queensland and Victoria with 2.5% and …
Electricity rates update – September 2017
Since our last wholesale electricity rates update on September 5, prices have gone down in all states under review apart from Queensland. Victoria experienced the biggest drop at 2.4% while …
Queensland energy retailer offering ‘discounts’ on made- up rates
A Queensland energy retailer has been found selling electricity plans with an energy discount that applies only to made-up base rates, resulting in users paying hundreds more dollars a year …
AGL boss calls for standard energy price comparison rate
AGL Energy’s CEO Andy Vesey has called for the introduction of a standard energy price comparison rate and Chief Scientist Alan Finkel’s Clean Energy Target. He also speaks about his …
Electricity rates update: July 2017
Since our last wholesale electricity rates update on July 5, prices have gone up in New South Wales and Victoria by 4.3% and 2.5% respectively. Prices have dropped slightly in …
Energy expert warns that Western Australia fixed electricity cost hike could kill off state grid
A leading energy sustainability expert has warned that Western Australia’s decision to increase fixed supply costs could kill the state grid as people turn to alternatives such as solar. The …
Electricity Rates Update – May 2017
Since our last wholesale rate update on May 8, electricity rates dropped between 3 and 6 % in New South Wales, Queensland and Victoria. Rates in South Australia increased by …