[lvlrsSTI]

https://7news.com.au/business/energy/mil...-c-7351017

[lvlrsSTI]

The hikes mean Queenslanders could see an increase of up to 12.6 per cent, while those in NSW could see up to 18.3 per cent and 9.5 per cent in South Australia.

From August 1, one of the country’s biggest retailers, AGL, will slug NSW electricity customers close to 18 per cent, likely to lead to many households paying annual increase of hundreds of dollars.

Energy giant hit with record $17m penalty for failing customers in financial hardship
AGL’s gas prices are also set to increase.

Meanwhile, Origin Energy prices are set to rise between 10 and 14 per cent.

[Manthink]

Errr...I thought AU is one of largest coal exporter...why Aussie still kenna energy bill hike ah ?

[lvlrsSTI]

Errr...I thought AU is one of largest coal exporter...why Aussie still kenna energy bill hike ah ?

Why are prices increasing? The Australian Energy Market Operator (AEMO) recently revealed that the wholesale cost of electricity in the National Electricity Market (NEM) for the first three months of 2022 has increased by 141% compared to the same quarter last year.

https://www.originenergy.com.au/blog/why...-going-up/

[Manthink]

Why are prices increasing? The Australian Energy Market Operator (AEMO) recently revealed that the wholesale cost of electricity in the National Electricity Market (NEM) for the first three months of 2022 has increased by 141% compared to the same quarter last year.

In short, even with aboundance of raw material and energy resources while promoting itself as some climate-friendly-Eco-conscious nation, AU is still a victim of its own heavy reliance on LNG and coal power stations.

[lvlrsSTI]

https://www.reuters.com/markets/commodit...022-06-16/