While rising network charges were expected to place upward pressure on bills, falling wholesale electricity costs — helped by increased wind and battery generation — appear to have outweighed them in most regions this year.
Flat-rate residential DMO prices are set to fall between 3.4% and 7.2% across NSW and South East Queensland, while South Australia is the only region facing a small increase of 1.4%.
Well, since I moved into a house with solar panels what I pay for electricity is 0 to miniscule compared to what I used to pay without solar panels. This is even though I have been using more electrical power in this home because it is all-electrical and in my previous one I used gas for cooking and some heating. I have literally saved $thousands.
So you don’t use any power after sundown?
Of course I do but I get credit from my provider for the energy I don’t use and when using extra power, like in winter, the accumulated credit pays for some of the cost I incur. It is also true I do not have a lot of unnecessary (for me) machines that use up more power. That probably also helps.
This doesn’t change the fact that power prices are going up. Yes, some people who can take advantage of solar are able to offset it and get no bills, but it takes investment to do that and not everyone is able to do it even if they have the money.
More renewables = higher prices, mostly due to the astronomical transmission costs that the government refuses to even release their numbers for because they know it will be over a trillion dollars.
https://www.abc.net.au/news/2026-05-26/power-prices-fall-in-latest-dmo-release/106718250 https://www.pv-magazine.com/2026/04/30/renewables-growth-cut-spains-electricity-bills-by-24-2-over-the-past-two-years/
DMO prices mean nothing. This is like pointing to wholesale prices of batteries halving while retail prices increase by 10% and saying “batteries are cheaper now!”.
Spain isn’t Australia.