Energy Locals defies industry and cuts consumer electricity rates : RenewEconomy

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Newly established electricity retailer Energy Locals has defied the sharp jump in electricity bills across the country and announced a fall in its electricity prices for consumers in NSW and Queensland, and a lift in its solar feed in tariffs.

Energy Locals – a community focused retailer that began operations in January this year – says its electricity prices for households in NSW will fall 2.1 per cent, prices for businesses will drop 2.6 per cent, while household and business customers in Queensland will enjoy a 6.9 per cent cut and 10.3 per cent respectively.

The rest of the industry has announced price hikes of 19.6 per cent, almost entirely due to the big jump in wholesale electricity prices over the past year

Newly established electricity retailer Energy Locals has defied the sharp jump in electricity bills across the country and announced a fall in its electricity prices for consumers in NSW and Queensland, and a lift in its solar feed in tariffs. Energy Locals – a community focused retailer that began operations in January this year – says its electricity prices for households in NSW will fall 2.1 per cent, prices for businesses will drop 2.6 per cent, while household and business customers in Queensland will enjoy a 6.9 per cent cut and 10.3 per cent respectively. The rest of the industry has announced price hikes of 19.6 per cent, almost entirely due to the big jump in wholesale electricity prices over the past year

http://reneweconomy.com.au/energy-locals-defies-industry-and-cuts-consumer-electricity-rates-79512/#undefined.gbpl

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