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*** A fantasy is an idea with no basis in reality and is basically your imagination unrestricted by reality. Reality is the state of things as they exist.
Just in ...NSW households could have energy bill increases of up to 9.7 per cent from July 1, with South Australian and south east Queensland customers facing a hit of up to 3.7 per cent, according to the energy regulator.
The figures were released in the final determination of the Default Market Offer, set by the Australian Energy Regulator (AER) on Monday.
The offer sets the maximum price caps for bill increases for residential customers on standing offer plans in the 2025-26 financial year.
Households in south east Queensland will see prices increase by 0.5 per cent to 3.7 per cent, South Australians face price hikes of between 2.3 per cent and 3.2 per cent, while NSW residents will be hit the hardest, with increases between 8.3 per cent and 9.7 per cent.
Prices for NSW residents were slightly higher than the hikes listed in the AER’s April draft determination.
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