The Australian Energy Regulator has released its decision on capping power price increases in some markets, including for some Queensland customers.
This year the AER said that cost of living was the top priority for households, and for that reason it "placed increased weight on protecting consumers". According to AER, small businesses on standard retail plans will also pay about 1 per cent more than last financial year, amounting to about $44 more.The DMO only puts caps on three markets — and Queensland has done the worst of all three, before the state's $1,000 rebate is applied.
Meanwhile, NSW small businesses can expect bills to be up to $402 lower than last year, depending on the region, while SA small businesses will see a $512 cut, adjusted for inflation.Belated power price relief for some, while other Australians expected to have increased bills
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