Consumers Face Higher Power Bills as Regulator Approves Price Increases of up to 9 Percent

Domestic consumers could face electricity price increases as high as 8.9 percent as regulator acknowledges ‘challenging time’ for customers.

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Households and small businesses across New South Wales, South East Queensland, and South Australia will soon see electricity bills rise, with the Australian Energy Regulator (AER) approving price increases between 2.5 and 8.9 percent for domestic customers and up to 8.2 percent for small businesses.

The regulator sets the Default Market Offer (DMO) for electricity prices—a price “safety net” and benchmark for electricity prices in these regions.