Blackout Bowen - KABOOM, page-44

Households face the fresh threat of higher electricity bills after the cost of power jumped over 20 per cent in the last quarter amid a renewable drought and coal outages, with the price surge threatening to punch a hole in Labor’s promise to slash $275 from bills by 2025.

The cost of producing electricity across the national market averaged $133/MWh in the three months to June 30, 23 per cent higher than the same period one year earlier, Australian Energy Market Operator data shows.