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Electricity prices to rise in Victoria by 25 per cent | ABC News
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With the price of everything seemingly going up, some Victorians can also expect to pay more for the price of electricity soon.
The Australian Energy Regulator (AER) has confirmed price hikes of between 20 and 25 per cent across most of the country, in just over a month - higher than the draft offer put forward by the regulator in March — while Victorian prices will rise by 25 per cent.
The power price hike will heap more stress onto Victorians already trying to deal with the cost of living crisis.
It comes just days after a tough state budget for Victorians, which imposed extra taxes on landlords and businesses, with widespread fears the additional costs would be passed on to renters and consumers.
ABC News provides around the clock coverage of news events as they break in Australia and abroad, including the latest coronavirus pandemic updates. It's news when you want it, from Australia's most trusted news organisation.
Note: In most cases, our captions are auto-generated.
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The Australian Energy Regulator (AER) has confirmed price hikes of between 20 and 25 per cent across most of the country, in just over a month - higher than the draft offer put forward by the regulator in March — while Victorian prices will rise by 25 per cent.
The power price hike will heap more stress onto Victorians already trying to deal with the cost of living crisis.
It comes just days after a tough state budget for Victorians, which imposed extra taxes on landlords and businesses, with widespread fears the additional costs would be passed on to renters and consumers.
ABC News provides around the clock coverage of news events as they break in Australia and abroad, including the latest coronavirus pandemic updates. It's news when you want it, from Australia's most trusted news organisation.
Note: In most cases, our captions are auto-generated.
#ABCNews #ABCNewsAustralia
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