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flag Australia’s electricity demand could rise 28% by 2034–35, potentially increasing bills, despite AGL’s $94M profit in 2025.

flag Australians may face rising electricity bills as demand from industry, electrification, and data centers drives a projected increase in energy consumption from 178 terawatt-hours in 2024–25 to about 229TWh by 2034–35, according to the National Electricity Market operator. flag Despite this strain, power company AGL reported a half-year statutory net profit of $94 million for the period ending December 2025, with CEO Damien Nicks expressing optimism about the company’s future outlook amid growing energy needs.

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