{"id":104311,"date":"2025-06-15T15:30:00","date_gmt":"2025-06-15T05:30:00","guid":{"rendered":"https:\/\/en.econostrum.info\/au\/?p=104311"},"modified":"2025-06-15T15:00:17","modified_gmt":"2025-06-15T05:00:17","slug":"australia-faces-higher-electricity-prices","status":"publish","type":"post","link":"https:\/\/en.econostrum.info\/au\/australia-faces-higher-electricity-prices\/","title":{"rendered":"Australia Faces Higher Electricity Prices This Winter \u2013 Here\u2019s How to Offset the Costs"},"content":{"rendered":"\n<p>Millions of Australian households are set to face significant increases in electricity prices this winter. The rise follows the Australian Energy Regulator\u2019s final decision on the Default Market Offering, which sets the maximum price caps for energy costs. <\/p>\n\n\n\n<p>According to <strong><a href=\"https:\/\/www.news.com.au\/finance\/money\/costs\/households-are-being-warned-their-electricity-prices-are-set-to-spike\/news-story\/a850670c83467e3fe5592e9cd2dcc9c0\" data-type=\"link\" data-id=\"https:\/\/www.news.com.au\/finance\/money\/costs\/households-are-being-warned-their-electricity-prices-are-set-to-spike\/news-story\/a850670c83467e3fe5592e9cd2dcc9c0\" target=\"_blank\" rel=\"noreferrer noopener\">News<\/a><\/strong>, these hikes are part of a broader trend that is impacting families already under financial pressure due to rising living costs. <\/p>\n\n\n\n<p>Households across major cities such as Sydney, Melbourne, Brisbane, and Canberra are expected to see their energy bills climb, adding another financial burden during an already challenging period for many Australian families. <\/p>\n\n\n\n<p>The final figures are expected to be communicated in the coming weeks.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">The Price Hikes and How They Affect Households<\/h2>\n\n\n\n<p>According to <a href=\"https:\/\/en.econostrum.info\/au\/canstar-predicts-financial-relief-in-2025-rate-cuts-and-more-support-for-aussies\/\" target=\"_blank\" data-type=\"post\" data-id=\"100073\" rel=\"noreferrer noopener\">Canstar<\/a>\u2019s analysis, electricity prices are rising across various Australian cities, with the following increases:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Sydney<\/strong>: A jump of <strong>8.6%<\/strong>, which means an additional <strong>$145<\/strong> per year for the average household, bringing the total annual electricity cost to <strong>$1830<\/strong>.<\/li>\n\n\n\n<li><strong>Melbourne<\/strong>: A <strong>6.2%<\/strong> rise, adding <strong>$83<\/strong> to annual bills, for a total of <strong>$1421<\/strong>.<\/li>\n\n\n\n<li><strong>Brisbane<\/strong>: A <strong>3.7%<\/strong> increase, or an additional <strong>$72<\/strong>, resulting in a total annual cost of <strong>$2019<\/strong>.<\/li>\n\n\n\n<li><strong>Canberra<\/strong>: The steepest rise, with a <strong>8.5%<\/strong> hike, adding an average of <strong>$191<\/strong>, making the total yearly cost <strong>$2436<\/strong>.<\/li>\n\n\n\n<li><strong>Adelaide<\/strong>: A rise of <strong>$70<\/strong>, leading to an annual total of <strong>$2247<\/strong>.<\/li>\n<\/ul>\n\n\n\n<p>These figures exclude the <strong>$75 federal subsidy<\/strong>.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Government Relief and What Households Can Do<\/h2>\n\n\n\n<p>To help offset the price hikes, the government has introduced the Energy Bill Relief Fund, which provides two quarterly payments of $75 directly applied to each household&#8217;s energy bills. <\/p>\n\n\n\n<p>While this provides some relief, it may not be sufficient to fully mitigate the price increases, so households are encouraged to take additional steps.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Finding Better Energy Deals<\/h2>\n\n\n\n<p>Sally Tindall, Canstar\u2019s data insights director, urges Australians to check the <strong>&#8220;reference price&#8221;<\/strong> they will receive in the coming weeks and compare it with market offers. <\/p>\n\n\n\n<p>This &#8220;reference price&#8221; provides a useful benchmark to assess whether switching to a different provider could result in savings.<\/p>\n\n\n\n<p>Tindall further explains that, while electricity bills can be complicated due to varying charges like daily supply charges, tiered electricity rates, and time-of-day pricing, the reference price simplifies the process and helps households make more informed decisions.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Tindall\u2019s Advice<\/h3>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>The cold hard truth is that electricity price hikes are pretty much inevitable in states such as <strong>NSW<\/strong>, <strong>Queensland<\/strong>, and <strong>South Australia<\/strong> this winter after the regulator approved hikes to the reference prices across all networks in these states &#8211; Ms. Tindall said.<\/p>\n<\/blockquote>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>The exact costs for your daily supply charge and electricity rates are up to each provider; however, unless you\u2019re on an embedded network or in a state where there are limited options, this is one bill you can, and should, take control of.<\/p>\n<\/blockquote>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>Electricity bills can often be ridiculously confusing, with daily supply charges, tiered electricity rates, time-of-day pricing, and whether you\u2019ve got a controlled load &#8211; she said.<\/p>\n<\/blockquote>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p> However, if you just want to compare your options without getting into the weeds, the reference price is your friend.<\/p>\n<\/blockquote>\n\n\n\n<p>This proactive approach could help households manage the higher costs this winter by identifying better deals in a competitive energy market.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Electricity prices are increasing across Australia this winter, impacting households in major cities. These hikes follow the Australian Energy Regulator\u2019s decision, with some regions facing higher costs than others.<\/p>\n","protected":false},"author":9,"featured_media":104312,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[39],"tags":[],"class_list":["post-104311","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-energy","generate-columns","tablet-grid-50","mobile-grid-100","grid-parent","grid-33","no-featured-image-padding"],"_links":{"self":[{"href":"https:\/\/en.econostrum.info\/au\/wp-json\/wp\/v2\/posts\/104311","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/en.econostrum.info\/au\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/en.econostrum.info\/au\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/en.econostrum.info\/au\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/en.econostrum.info\/au\/wp-json\/wp\/v2\/comments?post=104311"}],"version-history":[{"count":1,"href":"https:\/\/en.econostrum.info\/au\/wp-json\/wp\/v2\/posts\/104311\/revisions"}],"predecessor-version":[{"id":104313,"href":"https:\/\/en.econostrum.info\/au\/wp-json\/wp\/v2\/posts\/104311\/revisions\/104313"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/en.econostrum.info\/au\/wp-json\/wp\/v2\/media\/104312"}],"wp:attachment":[{"href":"https:\/\/en.econostrum.info\/au\/wp-json\/wp\/v2\/media?parent=104311"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/en.econostrum.info\/au\/wp-json\/wp\/v2\/categories?post=104311"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/en.econostrum.info\/au\/wp-json\/wp\/v2\/tags?post=104311"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}