Australians warned to brace for soaring electricity bills as wholesale power prices SURGE - Daily Mail

4/5/2022 12:00:00 AM3 years 1 month ago
by Peter Vincent
by Peter Vincent
Consumers should brace for another big hit to the cost of living, this time from higher electricity prices. The hikes will come from huge jumps in the cost of wholesale energy to major suppliers.
Electricity prices at home look set to skyrocket in coming months across Australia. A surge in coal prices, partly due to sanctions on Russia, has driven wholesale electricity prices much higher and… [+2313 chars]
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