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Lower power prices boost households and businesses
More than 700,000 loyal energy customers will benefit from lower energy prices, with the third iteration of the Morrison Government’s Default Market Offer (DMO) taking effect today.
The DMO, which commenced on 1 July 2019, locks in cheaper electricity prices for customers across New South Wales, South Australia and south-east Queensland who are on standing offer contracts.
This is more good news for households and businesses, who are already sharing in almost a billion dollars in electricity savings thanks to the Government’s strong action to reduce electricity prices.
Residential customers in south-east Queensland and South Australia will save between $53 and $116 a year, while customers in New South Wales will be better off by as much as $102 a year.
Negative power prices hit record in strained grid afr.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from afr.com Daily Mail and Mail on Sunday newspapers.
Power bills jump despite price drop afr.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from afr.com Daily Mail and Mail on Sunday newspapers.
Want an extra $11,000 a year tax free? Follow these tips
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By Joel Gibson
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It is so easy to waste thousands of dollars each year on your household bills. All you need to do is absolutely nothing.
Many businesses bank on “consumer inertia” or apathy and quietly raise the price you pay for a particular service each year to boost their profitability.
Failing to regularly shop around for providers offering better deals could result in an average household spending $11,000 a year more than it should – that’s more than $200 a week!
Want an extra $11,000 a year tax free? Follow these tips smh.com.au - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from smh.com.au Daily Mail and Mail on Sunday newspapers.