Households and small businesses in three states are set to be hit by a major hike in the cost of their power bills from July after the nation's energy regulator flagged higher benchmark prices for retailers. 9News
from July after the nation's energy regulator flagged higher benchmark prices for retailers.
The DMO is the maximum price providers give to consumers on standing deals who haven't searched for a more competitive deal.Power bills are forecast to rise by about 20 per cent for customers in NSW, South Australia and parts of Queensland, the energy regulator said today. Customers in Victoria and Tasmania are part of a different process and Western Australia and the Top End are on a different market.
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