Electricity Prices: Act Now for Affordable Future
Update: 2025-12-04
Description
Electricity prices in Australia could surge by 20% in the next decade if renewable energy projects arent expedited. The Australian Energy Market Commission warns that delays in building wind farms and improving power lines could lead to a 13% increase by 2035. However, residential prices may drop by 5% in the next five years due to renewable energy growth. Policymakers and individuals must act to ensure an affordable energy future.
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