‘80 per Cent’ of Aussies Paying Too Much

‘80 per cent’ of Aussies paying too much

As he announced changes to stop the worst forms of price gouging, Chris Bowen made a frank admission about Australians’ power bills.

Power price hikes to be capped in some states under new government reform

Households along Australia's East-Coast will soon get greater protection from electricity price gouging and unjustified fees under government reforms intended to limit price hikes. It follows a 16.3-percent rise in national electricity prices over the March quarter as energy rebates came off in some states.

Bowen Flags Overhaul of Power Price System Amid Soaring Energy Bills

Energy Minister Chris Bowen has announced a shake-up of electricity pricing rules, just days after major providers revealed steep increases to household energy bills starting in July. The reform is expected to be implemented before the next pricing cycle in 2026 and is aimed at easing cost pressures on consumers. “Next year, the government will be delivering a reformed pricing mechanism,” Bowen said in an address at the Australian Energy Week co…

Bowen talks tough against energy retailers playing unfairly with consumers

The Federal Government is moving to stop energy retailers passing on their advertising costs to consumers. Photo: MarkPiovesan. Lower electricity prices could be on their way, with the Federal Government determined to rein in energy retailers passing on too many costs to consumers. Retailers have been hitting their customers for things such as advertising costs and Federal Energy Minister Chris Bowen says enough is enough. Using his opening spee…

Australian National Review - Bowen Flags Overhaul of Power Price System Amid Soaring Energy Bills

Energy Minister Chris Bowen has announced a shake-up of electricity pricing rules, just days after major providers revealed steep increases to household energy bills starting in July. The reform is expected to be implemented before the next pricing cycle in 2026 and is aimed at easing cost pressures on consumers. Source link The post Bowen Flags Overhaul of Power Price System Amid Soaring Energy Bills appeared first on Australian National Review.

Energy minister plugs in for power price cap reforms

Australian power customers can expect energy companies to compete harder for their business under promised tweaks to benchmark tariff rules.