Renewables and Gas Drive Down Electricity Prices for Australians

Renewables and Gas Drive Down Electricity Prices for Australians
The Royalla Solar Farm in Canberra, Australia on Jun. 28, 2016. Lisa Maree Williams/Getty Images
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Australians living across the east coast and southern states can expect to see cheaper electricity bills as more wind, solar, and gas generation enter the market.

A report by the Australian Energy Market Commission (AEMC) found that households in the National Electricity Market could expect to pay around $77, or six percent, less for electricity in 2024 than they do now, soothing concerns of price shocks as Liddell coal power station prepares for retirement in 2023.
Daniel Khmelev
Daniel Khmelev
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Daniel Khmelev is an Australian reporter based in Perth covering energy, tech, and politics.
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