Energy bill relief: Here's how much power prices are set to fall

submitted by

https://www.sbs.com.au/news/article/energy-bills-cheaper-as-default-market-offers-drop/7poit1zs2

2
13

Log in to comment

Hot Top New Old

And it’s thanks to renewables

Anyone who owns a home should have already installed at least solar anyway (unfortunately, I find the people whining the most in public tend to refuse to.. and whine despite having lots of effective means to reduce their bill)

 reply
1
edited

$0!

  • The Default Market Offer (DMO) is the maximum price energy retailers can charge for electricity.

The DMO is literally the most expensive power can be. Not a single person in Australia should be on DMO pricing, meaning not a single persons bill will drop.

Still waiting for that originally promised $250 drop btw. It’s gone up about $250 since that was promised, so I’m sure it will drop by $500 any day now since the Albanese government never lies or breaks promises…..

 reply
0
Insert image