Brisbane Times
·general
·2 hours ago
Power bills set to fall despite Iran uncertainty
The Australian Energy Regulator cut maximum electricity rates from July 1, with reductions up to 5 percent in New South Wales and 7 percent in southeast Queensland. Clare Savage, the regulator's chair, attributed the cuts to falling wholesale costs driven by record renewable energy contributions. The reductions mark the steepest cuts since 2022.
Summary by Glance · Brisbane Times
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