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Energy bills to rise by up to 9.7% as Australian regulators approve price increases

Hundreds of thousands of households in line for electricity bill increases with NSW customers on standing offers facing steepest riseAustralia news live: latest politics updates Get our breaking news email, free app or daily news podcastPower bill increases of upwards of 9% have been locked in for some Australian households as energy regulators make a final call on safety net prices.Caps on what retailers can charge households and businesses in NSW, South Australia, south-east Queensland and Victoria are designed to protect the hundreds of thousands of customers who tend to set-and-forget their power plans.Sign up for Guardian Australia’s breaking news email Continue reading...

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