Electricity prices to rise by up to a quarter in parts of Australia after energy regulator issues market default decision
by Peter Hannam and Benita Kolovos from World news | The Guardian on (#6BWWA)
Australian Energy Regulator says power bills would have gone up twice as fast without government intervention
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Electricity prices will rise by up to a quarter in July in some states after the Australian Energy Regulator issued its decision on the default market offers that set the baseline for retailers.
But the AER says this is about the half the hike that might have happened without government intervention.
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