Electricity prices to rise by 20 per cent in some states as regulator reveals draft default market offer

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Electricity prices to rise by 20 per cent in some states as regulator reveals draft default market offer
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The Australian Energy Regulator releases its draft electricity price increase for the coming financial year, but says its default market offer would have been higher without government intervention.

abc.net.au/news/australian-energy-regulator-default-market-offer/102094290The Australian Energy Regulator has revealed draft electricity price increases of between 20 and 22 per cent for the default market offer over the coming financial year.

"Since [the government] started talking about interventions in October last year, the prices seem to have stabilised in the last couple of months," she told RN Breakfast.

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