Edge Utilities

29 Jun SA Electricity Prices to be Highest in the World

Electricity retailers will increase their standard pricing from 1 July 2017 for all states in the National Electricity Market (NEM), with South Australia (SA) tipped to have the largest increase. As part of their annual review of energy tariffs, the three biggest retailers have cited increased wholesale energy costs as the main reason for the significant increases.  The retailers say the increased wholesale costs have been caused by the closure of baseload coal-fired generation and the increased costs of gas. Residential customers in SA will see an average increase of 19.9 per cent from EnergyAustralia, 18 per cent from AGL, and 16.1 per cent from Origin Energy.  Experts are concerned that household...

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