Victorian households to see $100 electricity bill drop from July 1 due to regulator's price adjustment.

Victorian households will experience a $100 drop in electricity bills from July 1, as the state's energy regulator lowers recommended pricing for power companies. This cut affects 12% of customers on default offers, with bills reduced by 6% to $1655 annually. Additionally, small businesses will experience a $260 reduction in their yearly bills, while embedded networks in apartments and office blocks will be capped at the regulator's recommended price.

May 23, 2024
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