The Age
·general
·2 hours ago
Power bills set to fall despite Iran uncertainty
Australia's energy regulator cut maximum electricity rates from July 1, with prices falling up to 7 percent in Queensland and 5 percent in NSW, marking the steepest reductions since 2022. The Australian Energy Regulator attributed the cuts to plummeting wholesale costs driven by record renewable energy generation.
Summary by Glance · The Age
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