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Electricity prices predicted to fall as renewable supply increases, gas price falls – ABC News

A new report by the Australian Energy Market Commission predicts all states in the National Electricity Market will have lower energy prices in 2023, but not the…

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Household electricity bills are expected to fall by 9 per cent over the next three years as more renewable generation joins the grid.

  • Electricity prices are expected to fall by 9 per cent over the next three years
  • More renewable energy production is behind the fall
  • Power prices in Canberra are predicted to buck the trend

A new report by the Australian Energy Market Commission (AEMC) predicts all states in the National Electricity Market NSW, Victoria, Queensland, South Australia and Tasmania will…

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