NSW, Queensland and South Australia electricity prices to rise by up to 24 per ... trends now
Huge power bill shock with electricity prices set to surge for thousands of Australians - here's how much more you will be paying Electricity prices to increase by 24 per cent NSW, QLD and South Australia to be affected
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Energy prices are set to skyrocket by up to 24 per cent for hundreds of thousands of Australians under a new ceiling electricity price set by the energy regulator..
The Australian Energy Regulator revealed that prices would rise by between 21 and 24 per cent from July upon releasing its final determination on Thursday.
The revised increase is higher than the draft offer of 20 to 22 per cent rise put forward by the regulator back in March.
About 600,000 residents in New South Wales, south-east Queensland and South Australia will be affected by the changes.
From July 1, residential