HAHA more CC scam....Australian electricity prices are determined domestically within Australia's National Electricity Market (NEM), which spans New South Wales, Victoria, Queensland, South Australia, Tasmania, and the Australian Capital Territory. Prices are set in Australian dollars (AUD) based on factors like wholesale energy costs, network charges, retail margins, and regulatory caps such as the Default Market Offer (DMO) enforced by the Australian Energy Regulator (AER).
While global energy market dynamics (e.g., fluctuations in gas or coal prices influenced by demand) can have an indirect effect on Australian wholesale costs. Australian electricity prices are quoted and paid in AUD...