Thousands of Australians are set to expect huge savings on their annual power bills as two major energy retailers provide lower rates, but some states have been left in the dark.
Households and businesses in states across New South Wales, South Australia and Queensland are set to see electricity rates dropped during the new 2021/22 financial year as reductions in wholesale energy prices are passed on to customers.Insurance Loans Mortgage Attorney Credit Lawyer
On Thursday, EnergyAustralia announced the average price reductions for households ranging from $44 to $112 in the different distribution areas of NSW, $60 in Queensland and a whopping $114 for SA.
EnergyAustralia and Origin Energy have slashed annual power bills for households and businesses across the country
Over a 100,000 customers across parts of NSW will see a 5 per cent slash to energy costs, while businesses will pocket an average $294 in savings.
Rival retailer Origin Energy is cutting $78 from annual average