<div class="block-content"><div class="styles__Container-sc-1ylecsg-0 goULFa"><span>The average household may soon be paying </span><a href="https://www.9news.com.au/national/australian-households-hit-with-higher-electricity-bills-within-months/20c21ed6-7f3a-4d52-8b90-4b11c9eb9532" rel="" target="_blank" title="as much as $200 more a year on electricity bills"><span>as much as $200 more a year on electricity bills</span></a><span>, but some will be slugged harder than others.</span></div></div><div class="block-content"><div class="styles__Container-sc-1ylecsg-0 goULFa"><span>The Australian Energy Regulator (AER) released a draft decision on its "default market offer" (DMO) today, which revealed price caps for customers on standing retail plans would lift from July 1.</span></div></div><div class="block-content"><div class="styles__Container-sc-1ylecsg-0 goULFa"><span>Under the offer, residents in New South Wales, south-east Queensland and South Australia would notice annual bill increases of between $114 and $200.</span></div></div><div><div id="adspot-mobile-medium"></div></div><div class="block-content"><div class="styles__Container-sc-1ylecsg-0 goULFa"><strong><span>READ MORE:</span></strong><span> </span><a href="https://www.9news.com.au/national/donald-trump-billionaires-lost-money-supporters-in-pictures/2f25bcae-f0ff-4de9-b45a-4a24c86c5f76" target="_blank"><strong><span>All the billionaires who have lost money by supporting Donald Trump</span></strong></a></div></div><div class="block-content"><div class="styles__Container-sc-1ylecsg-0 goULFa"><span>However, those in Victoria would not be hit quite as hard.</span></div></div><div class="block-content"><div class="styles__Container-sc-1ylecsg-0 goULFa"><span>The Essential Services Commission (ESC) regulates electricity prices in Victoria, and the draft Victorian default offer (VDO) could result in either a drop of $19 or a jump as high as $68 per year.</span></div></div><div class="block-content"><div class="styles__Container-sc-1ylecsg-0 goULFa"><span>According to research published by Canstar, residents in some states should brace for bigger blows to their hip pocket than others.</span></div></div><div><div class="OUTBRAIN" data-reactroot="" data-src="//www.9news.com.au/national/energy-bill-price-hikes-state-by-state-breakdown-explained/d5a3073f-126a-4f4e-80d5-dd92ede526df" data-widget-id="AR_5"></div></div><div class="block-content"><div class="styles__Container-sc-1ylecsg-0 goULFa"><h3><strong><span>New South Wales</span></strong></h3></div></div><div class="block-content"><div class="styles__Container-sc-1ylecsg-0 goULFa"><span>Those living in NSW on a standard plan may be looking at the biggest increase on their annual energy bills in the 2025/2026 financial year.</span></div></div><div class="block-content"><div class="styles__Container-sc-1ylecsg-0 goULFa"><span>Canstar notes that Ausgrid customers in NSW could pay up to $1989 a year, a jump of $159.</span></div></div><div class="block-content"><div class="styles__Container-sc-1ylecsg-0 goULFa"><span>Endeavour Energy customers may be forced to pay another $174 per year, which would lift the annual power bill to $2357.</span></div></div><div class="block-content"><div class="styles__Container-sc-1ylecsg-0 goULFa"><span>Essential Energy customers could be hit with the biggest increase of $200, increasing their bill to $2713 for the year.</span></div></div><div class="block-content"><div class="styles__Container-sc-1ylecsg-0 goULFa"><h3><strong><span>Queensland</span></strong></h3></div></div><div class="block-content"><div class="styles__Container-sc-1ylecsg-0 goULFa"><span>South-east Queenslanders on a standard plan could cop an annual increase of $119 on their Energex bills.</span></div></div><div class="block-content"><div class="styles__Container-sc-1ylecsg-0 goULFa"><span>This would bring the annual bill amount for the region up from $2066 to $2185.</span></div></div><div class="block-content"><div class="styles__Container-sc-1ylecsg-0 goULFa"><strong><span>EXPLAINED:</span></strong><span> </span><a href="https://www.9news.com.au/national/donald-trump-tariffs-what-they-mean-australia-everything-need-know-explainer/6b4053af-724e-4649-a574-b73498d2fc4a" target="_blank"><strong><span>How hard Trump's tariffs will hit the Australian economy</span></strong></a></div></div><div class="block-content"><div class="styles__Container-sc-1ylecsg-0 goULFa"><h3><strong><span>South Australia</span></strong></h3></div></div><div class="block-content"><div class="styles__Container-sc-1ylecsg-0 goULFa"><span>Households in South Australia would be slugged the smallest increase under the AER, Canstar said.</span></div></div><div class="block-content"><div class="styles__Container-sc-1ylecsg-0 goULFa"><span>But it would still bring the annual energy bill amount up by $114 to $2344.</span></div></div><div class="block-content"><div class="styles__Container-sc-1ylecsg-0 goULFa"><h3><strong><span>Victoria</span></strong></h3></div></div><div class="block-content"><div class="styles__Container-sc-1ylecsg-0 goULFa"><span>Lucky Victorians will be spared the biggest price hikes.</span></div></div><div class="block-content"><div class="styles__Container-sc-1ylecsg-0 goULFa"><span>Some may even be paying less if the draft decisions are implemented.</span></div></div><div class="block-content"><div class="styles__Container-sc-1ylecsg-0 goULFa"><span>Across the five energy providers in the state, the biggest increase would be an extra $68 for those using CitiPower, which would bring the annual bill to $1456.</span></div></div><div class="block-content"><div class="styles__Container-sc-1ylecsg-0 goULFa"><span>Powercor customers in Victoria would be looking at another $19 per year, resulting in an annual bill of $1680.</span></div></div><div class="block-content"><div class="styles__Container-sc-1ylecsg-0 goULFa"><span>United Energy and Jemena will pass on similar modest price hikes of $15 ($1569 annual bill) and $16 ($1680 annual bill) per year respectively.</span></div></div><div class="block-content"><div class="styles__Container-sc-1ylecsg-0 goULFa"><span>The average AusNet Services customer though will enjoy a slight bill decrease of about 1 per cent annually, cutting bills by $19 and bringing them to $1883.</span></div></div><div class="block-content"><div class="styles__Container-sc-1ylecsg-0 goULFa"><strong><span>READ MORE:</span></strong><span> </span><a href="https://www.9news.com.au/world/russia-ukraine-ceasefire-plan-more-details-needed-says-vladimir-putin/9bf4bbba-1be7-414c-9c3a-0bce2120561e" target="_blank"><strong><span>Ukraine calls Putin's bluff, so how will he react?</span></strong></a></div></div><div class="block-content"><div class="styles__Container-sc-1ylecsg-0 goULFa"><span>"This is not welcome news amidst a cost of living crisis," said Canstar Blue data insights director Sally Tindall.</span></div></div><div class="block-content"><div class="styles__Container-sc-1ylecsg-0 goULFa"><span>"Today's draft prices released from the AER are a disappointing blow for households in New South Wales, south-east Queensland and South Australia.</span></div></div><div class="block-content"><div class="styles__Container-sc-1ylecsg-0 goULFa"><span>"Customers on standing offers on the Essential Energy network in NSW could see their bills rise by up to $200 over the next financial year if this draft determination from the AER is finalised as is."</span></div></div><div class="block-content"><div class="styles__Container-sc-1ylecsg-0 goULFa"><span>Tindall said the draft prices could actually rise after the consultation phase.</span></div></div><div class="block-content"><div class="styles__Container-sc-1ylecsg-0 goULFa"><span>Analysis by Canstar shows 67 per cent of the final prices have been higher than the proposed draft price over the past six years.</span></div></div><div class="block-content"><div class="styles__Container-sc-1ylecsg-0 goULFa"><span>The regulators will now consult before finalising prices on May 24 for Victoria and May 26 for NSW, south-east Queensland and South Australia.</span></div></div><div class="block-content"><div class="styles__Container-sc-1ylecsg-0 goULFa"><span>The new benchmark prices would be implemented from 1 July 2025.</span></div></div><div class="block-content"><div class="styles__Container-sc-1ylecsg-0 goULFa"><a href="https://www.9news.com.au/national/how-to-follow-9news-digital/29855bb1-ad3d-4c38-bc25-3cb52af1216f" target="_blank"><strong><em><span>DOWNLOAD THE 9NEWS APP</span></em></strong></a><strong><em><span>: Stay across all the latest in breaking news, sport, politics and the weather via our news app and get notifications sent straight to your smartphone. Available on the</span></em></strong><span> </span><a href="https://apps.apple.com/au/app/9news/id1010533727" target="_blank"><strong><em><span>Apple App Store</span></em></strong></a><span> </span><strong><em><span>and</span></em></strong><span> </span><a href="https://play.google.com/store/apps/details?id=nineNewsAlerts.nine.com&hl=en_AU&pli=1" target="_blank"><strong><em><span>Google Play</span></em></strong></a><strong><em><span>.</span></em></strong></div></div>
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