Power bills to fall by up to 10% in July as renewables and batteries soar across Australia
Summary
Energy bills for homes and small businesses in parts of eastern Australia will drop by up to 10% starting in July. This is mainly because more renewable energy and battery storage are reducing reliance on coal and gas, which helps lower electricity prices.Key Facts
- Electricity prices will fall by up to 10.7% for households in South Australia, New South Wales, and southeast Queensland.
- Small businesses will see even larger drops, up to 20.9%, in their electricity bills.
- The Australian Energy Regulator sets a maximum price limit to protect consumers in these states.
- New consumer rules from July 1 will stop price hikes during fixed contracts and ban unfair fees.
- Renewable energy provided 43% of Australia’s electricity in 2025, up from 39% in 2024.
- Australia is third worldwide in large-scale battery capacity, with 2 gigawatts connected to the grid.
- Investment in new wind and solar projects dropped by 48% in 2025, raising concerns about future growth.
- Home battery installations increased by 260% in 2025, helped by a government program lowering costs.
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