Friday 29th of March 2024

the true costa iemma energy .....

the true costa iemma energy .....

Hard on the heels of Sydney's water rates rising by 20 per cent, household electricity prices are to increase by 8.5 per cent from July 1 - more than double the rate of inflation. 

The rise will maintain the profitability of the electricity retailers – Energy Australia and Integral Energy - as the State Government moves to sell them. 

In allowing the price rise, the Independent Pricing and Regulatory Tribunal said average household power bills would rise between $1.40 and $1.70 a week, or almost $90 a year. 

$90 Bill Ahead Of Power Sell-Off