Aurora sale collapses causing fear of Power Price Increase

The Government has discarded plans to sell Aurora Energy’s customer base causing Tasmania’s main welfare lobby group concern that power prices will increase. Aurora Energy a state-owned company will now lose its retail monopoly next July because the government abandoned plans to sell due to not attracting high enough bids. In the past decade power prices have doubled. With the climate in Tasmania being so cold compared to other parts of Australia, Tasmanian households use more electricity on heating therefore using more of their income to pay electricity bills. There are fears the situation will now get worse which will...

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South Australian electricity bills to increase by $100 PA

I South Australia 11 electricity retail companies have said that the cost of electricity will rise.   A single household electricity user will be paying on average $100 more per year for the electricity used. It seems that this decision has been made and is final due to the news being published in the last week of June 2013.  The government and electricity companies have made no further amendments or given any response since this news was released giving a clear indication of the fact that they are already onto it. So what you need to do now? Every little bit...

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