The cost of electricity is about to jump higher than predicted across Australia's east coast.
Share and Follow

Prices will increase by more than 13 per cent in parts of the country, but one state may be shielded from the worst of it.

“This will be a suckerpunch for a lot of customers,” Canstar spokesperson Sally Tindall said.

The cost of electricity is about to jump higher than predicted across Australia's east coast.
The cost of electricity is about to jump higher than predicted across Australia’s east coast. (Nine)

AGL and Origin Energy locked in new prices for millions of customers today. 

Starting on July 1, AGL’s prices will jump 13.5 per cent in New South Wales.

They will also rise 8 per cent in South Australia, 7.5 per cent in Queensland and 6.8 per cent in Victoria –  adding $110 to an average Victorian household’s bill. 

Today, the federal opposition slammed the government’s action on energy prices.

“They imposed price caps that haven’t worked, they’ve completely failed, and we continue to see price hikes,” Shadow Treasurer Angus Taylor said. 

Origin Energy hasn’t locked in its electricity charges for Victoria just yet. 

Gas will cost the average Victorian household an additional $85 per year, which is the largest increase for any state in the country. 

“There are plenty of options and payment plans available,” Origin’s Chief Marketing Officer Catherine Anderson said.

“We would really encourage our customers to reach out to us, we’re here to help.”

The cost of electricity is about to jump higher than predicted across Australia's east coast.
The cost of electricity is about to jump higher than predicted across Australia’s east coast. (Nine)

For those struggling to pay, some help is on the way. 

Every household will automatically get a $150 electricity discount thanks to the federal government, and another $100 is being offered to concession card holders in Victoria. 

For everyone else, the advice is to shop around. 

“Don’t get mad – get even,” Tindall said. 

“By shopping around you, could potentially save hundreds of dollars off your electricity bill.”

Other retailers will lock in their prices in the coming days. 

Share and Follow
You May Also Like
Wadalba car crash

Tragic Accident Claims Lives of Friends Returning from Lady Gaga Concert: A Heartbreaking Loss

Two women have been killed in a car crash on the NSW…
I'm a drinks expert who's tried 4,000 wines this year. These are the 10 best supermarket whites under £10 I'd happily serve to even the biggest wine snob, by HELENA NICKLIN

Top 10 Supermarket White Wines Under £10 Recommended by Expert Taster Helena Nicklin

The products featured on our site are carefully selected by Daily Mail…

Chinese Critic’s Wife Faces Scrutiny in Australia Amid Hong Kong Legal Pursuit

A Hong Kong pro-democracy activist living in exile in South Australia has…
'An absolute massacre': Man injured in Bondi Beach shooting tells of chaos

Chaos Unleashed: Witness Describes ‘Absolute Massacre’ During Bondi Beach Shooting

“I was attending a Hanukkah celebration with my family,” he recounted to…

Tragic Ambush in Syria Claims Lives of Two US Soldiers and Interpreter: Latest Updates

Two US army soldiers and a civilian interpreter were killed in Syria…

Transforming Lives: Workshop Revitalizes Communities by Repurposing 12,000 Unwanted Bikes for the Vulnerable

At 84, Des La Rance has turned an unlikely obsession into a…
Part's of Perth's CBD have also been hit by bushfires, and experts warn conditions could make fires even worse.

Bushfire Warnings Issued for Australian State Capital Amid Intense Heatwave Forecast

A bushfire emergency has been declared just outside of Perth as the…
Gout cases on the rise as social media 'gives sufferers poor advice' by blaming bad diet

Increase in Gout Cases Attributed to Misinformation on Social Media Blaming Poor Diet

<!– <!– <!– <!– Gout cases have been climbing at an alarming…