ABC News – Top stories
·general
·1 hour ago
Australian Energy Regulator cuts power prices, household rates fall up to 10.7
Australia's energy regulator cut default power prices Tuesday, with household rates falling up to 10.7 percent and small business rates dropping as much as 20.9 percent across three states. The Australian Energy Regulator attributed the cuts to surging renewable energy, improved coal reliability, and battery storage shifting cheap daytime solar to peak evening hours.
Summary by Glance · ABC News – Top stories
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