Energy Bills Set to Rise for Millions of Australians, Government Rebates Extended

Federal and state rebates aim to cushion the impact.
Energy Bills Set to Rise for Millions of Australians, Government Rebates Extended
A close up of a power bill in Melbourne, Australia, on Oct. 22, 2012. Quinn Rooney/Getty Images
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Millions of Australian households will soon face steeper electricity and gas bills as AGL and Origin Energy confirm new prices effective from July 1.

AGL customers in New South Wales (NSW) will see the highest electricity price jump, with rates rising 13.5 percent—adding roughly $267 a year for the average household.