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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.
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