East coast households could
face a staggering $600 a year
increase in electricity bills
without major changes to the
delivery of the nation’s energy
transition infrastructure, new
modelling has found.

The cost of transforming the electricity grid is set to add at least another $600 a year to household energy bills, according to new research from Policy Institute Australia, prompting calls for major changes to the way governments approach the development of energy transmission infrastructure.

Households in NSW, Queensland and Victoria could face a staggering $600 per year increase in their electricity bills due to energy transition infrastructure fees.

Multibillion-dollar cost blowouts for poles and wires electricity transmission projects have prompted calls for major changes to the way developments are approved and kept on budget as Australia’s escalating fuel crisis puts extra pressure on governments to keep a lid on power prices.