Page 3 - Gavin Dufty News Today

Victoria’s substitution roadmap will free up gas for heavy users, but critics said it is regressively funded.

Energy retailers are expected to hit consumers with big price increases next year to help absorb large increases in wholesale power prices this year.

A combination of economic, geopolitical, political and weather-related forces have sent prices soaring.

Millions of Australians face gas and power shortages over the next 24 hours amid a bitter cold snap that is depleting the countrys energy supplies.

A combination of economic, geopolitical, political and weather-related forces have sent prices soaring.

Aemo has identified a possible shortfall of gas supplies on Thursday in Victoria, SA and Tasmania amid ongoing burst of cold weather

Customers in NSW could see power bill increases of up to 18%, South Australia almost 20% and parts of Queensland could see rises of 12%

 Small retailers LPE and Discover Energy are some of the first to raise customer rates following a huge rise in the cost of wholesale electricity production.

Energy experts said the sharp rise in wholesale electricity prices would flow through to higher retail electricity prices from July 1, contrary to both parties’ claims.

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