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Australian electricity prices to rise 0.5% to nearly 10% in southeast states, government warns.
Household electricity prices in Australia are expected to rise significantly in the coming financial year, with projected increases from 0.5% to nearly 10% across southeastern states, according to confidential government documents shared with Energy Minister Chris Bowen.
The draft Default Market Offer from the energy regulator highlights ongoing concerns over energy affordability, second only to food costs.
The documents stress the need for accelerated emissions reductions to meet 2030 climate targets and call for full implementation of renewable energy policies.
In response, the government has reaffirmed its 2035 goal to cut carbon pollution by 62% to 70% compared to 2005 levels.
Los precios de la electricidad en Australia subirán un 0,5% a casi un 10% en los estados del sudeste, advierte el gobierno.