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Name: Australians warned to brace for power bill hike
Uploaded: 2022-07-29T12:12:44.475Z
Duration: 2 min 23 s
Description: Millions of Australians are being warned to brace for significant hikes to their power bills after a new report revealed prices in the nation's electricity market surged to their highest levels on record. The Australian Energy Market Operator's report said wholesale gas prices rose to "unprecedented levels" over the last three months with the biggest contributer coal-fired power station outages.

Australians warned to brace for power bill hike

Published 29 July 2022, 10:24 am

Millions of Australians are being warned to brace for significant hikes to their power bills after a new report revealed prices in the nation's electricity market surged to their highest levels on record. The Australian Energy Market Operator's report said wholesale gas prices rose to "unprecedented levels" over the last three months with the biggest contributer coal-fired power station outages.

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Australia