Households are expected to turn into fridges this winter, as residents across Australia are at their wit’s end to find ways to reduce the cost of energy bills, with gas and electricity prices rising again on 1 July.
Approximately 75 per cent of Aussie households use air conditioners – ranging from 97 per cent in the Northern Territory to around half of households in Tasmania who use air conditioners or evaporative coolers.
With energy prices having risen by another 1.5% in July, Aussies are always on the hunt to slash their ever-rising energy bills. But it appears the daily efforts of switching lights off in empty rooms, and never leaving the TV on stand-by could be in vain as our increasing love affair with home gadgets means we are bumping up the bills by hundreds.
Over the years, states and territories across Australia offered feed-in tariffs to incentivise people to buy solar panels. The feed in tariffs helped people with the up-front cost of solar panels by reducing their subsequent energy bills. Now, with feed-in tariffs set to be rolled back in New South Wales, South Australia and Victoria in the coming months, thousands of Australians will lose those payments, meaning they could be faced with larger electricity bills.
Winter is here and you know what that means, energy rates are going up and they won’t be cheap! So what can we expect to pay when it comes to our electricity usage?