Your electricity bill: what are you paying for and why is it skyrocketing?

There's been a lot of confusion - and disinformation - around power prices. We break down the hit to the average Australian household Electricity bills around the country are going up, by as much as 20% in some states, raising average bills by between $300 and $400. And this follows price rises of between 60% and 100% over the preceding half-decade, making energy prices the largest proportion of the household budget since the 1960s and 70s.With many Australians struggling to cover their expenses, and electricity bills the biggest worry for households, you might be wondering what's behind the rises of the past few years, and the current jump. Continue reading...