The National Energy Market was in a state of flux with high volatility throughout September through a combination of a failure in the Bass Strait connector, the announcement of the …
September 2019 Energy Market Review
Rising coal prices and Hazelwood closure to blame for sustained high wholesale electricity prices in New South Wales
The Australian Energy Regulator (AER) has found that rising coal prices, the closure of Hazelwood and limited supply is causing high sustained wholesale electricity prices in New South Wales. Average …
Government summons energy chiefs to second meeting about power rates
Prime Minister Malcolm Turnbull has summoned energy bosses to another meeting after an audit found that over a million households are still paying the highest energy rates. The meeting will …
Independent bi-partisan review finds that energy market deregulation ‘failed’ Victorian consumers
A bi-partisan and independent review panel has found that energy market deregulation failed Victorian consumers, with people paying on average 21% more than they should be for electricity. The panel …
Australians paying the world’s highest electricity prices
Australian households and businesses are paying the highest electricity prices in the world, a drastic reversal from the 1990s when energy bills in the country were the cheapest in the …
July energy price hikes to hit homes and businesses hard
Energy retailers announced another round of price hikes as from 1 July, with New South Wales and South Australian homes and businesses being hit particularly hard with increases of up …
Energy security depends on wise leadership – PM Turnbull
Energy security depends on wise leadership, not glib comments, Prime Minister Malcolm Turnbull said in an obvious dig at backbencher Tony Abbott. The Prime Minister was referring to the recommendation …
Court battles could see energy users lose 25% of price cuts
The Australian Energy Regulator has warned that consumers could lose as much as 25% in energy price cuts if energy networks win a series of court cases instituted against the …
Energy bills in NSW could increase by $100 per year
New South Wales energy bills could shoot up by up to $100 per year after three grid companies won a court case to raise prices by a total of $3 …
Solar feed-in tariffs set to double in New South Wales
350,000 solar powered households in New South Wales could soon be paid twice as much for energy they sell back into the grid. The Independent Pricing and Regulatory Tribunal on …
