00:00It helps families have greater energy security whilst also saving thousands of dollars in
00:05their bills.
00:06Millions of Aussies are set for power bill relief from July, as a surge in solar and
00:11battery installs helps drive down electricity prices across much of the country.
00:16Households in New South Wales and South East Queensland could see bills fall by up to 10
00:21per cent under new default market offers released by the Australian Energy Regulator, while
00:28Victorian benchmark prices are expected to drop by around 5 per cent.
00:32Experts say the rapid growth of solar, home and grid scale batteries and cheaper renewable
00:38energy are helping squeeze out expensive gas and hydro generation during peak periods.
00:44In some instances you can save a household between $6,000 to $7,000 per year.
00:48Australia is now considered one of the world's leading battery markets, with renewable energy
00:53having supplied almost half the nation's electricity in 2025.
00:58Australia is now considered one of the
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