Source: Russell Freeman / AAP Image
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Power bills for small businesses reliant on ‘default’ energy offers are projected to rise anywhere between 15% and 33% from July this year, with regulators now urging struggling businesses to seek out government relief programs to cope with the impending bill shock.
The Australian Energy Regulator (AER) released its draft determination for Default Market Offer (DMO) prices on Wednesday, outlining benchmark prices available to households and small businesses not locked into a pricing agreement set by their energy retailer come July 1.
The proposed increase is stark. For DMO customers in NSW, south-east Queensland, and South Australia, the cost of power is set to increase between 14.7%
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