Australians to Face Steep Electricity Price Increases Despite Coal and Gas Price Caps

Australians to Face Steep Electricity Price Increases Despite Coal and Gas Price Caps
A light bulb is seen illuminated in Sydney, Australia, on June 22, 2022. Lisa Maree Williams/Getty Images
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Australian households struggling with high living costs will be hit harder when the winter comes as electricity prices are expected to rise sharply in the next few months.

However, regulators said the price rises would be much lower than what was forecasted before the federal government intervened in the energy market by capping coal and gas prices in December 2022.

Alfred Bui
Alfred Bui
Author
Alfred Bui is an Australian reporter based in Melbourne and focuses on local and business news. He is a former small business owner and has two master’s degrees in business and business law. Contact him at [email protected].
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