'Bad news for families': Second energy retailer announces price hike
EnergyAustralia has announced it will increase electricity prices in Sydney by 19 per cent - or $346 a year - from July 1.
EnergyAustralia has announced it will increase electricity prices in Sydney by 19 per cent - or $346 a year - from July 1.
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AGL is the first of the big three energy retailers in NSW to announce increases to electricity and gas prices.
NSW families could pay up to 30 per cent more next financial year because of ballooning wholesale prices.
The electricity market is bracing for significant change, with the risk that surging prices will force a number of smaller retailers to quit the market.
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It might seem like the budget-friendly option, but 'time of use' electricity plans could actually cost you much more.
Declining competition in gas markets, which is leaving consumers exposed to surging wholesale prices
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