Energy prices set to fall despite major gas price hike

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Energy prices set to fall despite major gas price hike
United Kingdom Latest News,United Kingdom Headlines
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After months of skyrocketing electricity bills there may be some relief in sight, at least in the long term with a 'significant' drop in prices forecast for some Australian states. 9News

there may be some relief in sight – at least in the long term – with a "significant" drop in prices forecast for some Australian states.price hike of 20 per cent or more - with some providers ditching gas entirely - despite this, new analysis has shown that residents in the east could expect power bills to drop by up to half in 2023-24, according to Finder.

The largest fall of 44 per cent is expected in Queensland, followed by NSW at 38 per cent, while South Australians could enjoy a 32 per cent reduction, with a 29 per cent fall flagged for Victoria. "Compare energy plans. This is more important than ever given how quickly prices have been changing. You should do this for both your electricity and gas plans.

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