From Monday, most household electricity bills will start to go down for the first time in years.
The government’s $300 energy rebate comes into effect from July 1, adding to a suite of government measures to help with spiralling cost-of-living pressures.
But, the Opposition said it could raise the risk of another interest rate hike.
Energy Minister Chris Bowen said the government was providing much needed relief amidst the cost of living crisis, as he switched on a new community battery in Sydney’s south on Saturday – one of hundreds being rolled out across the country
“We are providing real cost of living relief from Monday for anyone with an energy bill,” he said.
And, in another win for struggling households, from Monday most customers can expect to see their electricity bills fall between one and six per cent, after years of price rises.
