More financial pressure as average Australian expected to spend $2,000 a year on energy

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Head of Energy Storage Joel Power discusses the expected energy price hike over the coming months as many Australians struggle financially.

“Everyone has been talking about the cost of living recently, and this further increase in power prices is really just going to add pressure for Australian homes,” Mr Power told Sky News Australia.

“An over 20 per cent increase in power prices, it’s no small number, and we are expecting the average Australian to be spending over 2,000 a year on energy.”

Source: Energy Industry News (energyindustrynews.net)

 

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