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Expect more power price hikes – a 1970s-style energy shock is on the cards

  • Written by Bruce Mountain, Director, Victoria Energy Policy Centre, Victoria University
Expect more power price hikes – a 1970s-style energy shock is on the cardsShutterstock

Yesterday the Australian Energy Regulator increased the “default market offers” that apply to electricity retailers in New South Wales, South Australia, Queensland by 8% to 18%, depending on type of tariffs and location.

The day before, Victoria’s Essential Services Commission announced the default offer for...

Read more: Expect more power price hikes – a 1970s-style energy shock is on the cards

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