News
Tens of thousands of South Australian households are set to be hit with increased electricity bills after the energy industry watchdog made the “difficult decision” to increase benchmark prices by hundreds of dollars a year.
News
Household energy bills are set to rise this winter as a “perfect storm” of factors drives up wholesale electricity prices, energy analysts have warned.
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The Australian Energy Regulator (AER) has given its final approval for the proposed SA-NSW interconnector to be built by ElectraNet and TransGrid but has demanded the infrastructure providers reduce their project costings by $88 million.
South Australia is expected to have the lowest average wholesale electricity prices in the country by early next year but an Adelaide energy expert says the savings are unlikely to be passed on to consumers in full.
The Federal Government’s latest plan to reduce power bills won’t do any such thing and may have some unintended consequences, writes Michael Pascoe.
AGL has refused Alinta Energy’s $250 million offer to buy Liddell Power Station and reaffirmed its decision to close the plant in 2022.
Malcolm Turnbull won’t be fazed by a new group within the Coalition agitating for coal-fired power, saying he has party room support for his national energy guarantee.
