Story perspectives

Australia Sees Electricity Price Drop, Solar Offer Introduced

3/19/2026

Summary

Story summary

The Australian Energy Regulator forecasts lower electricity prices, with residential costs down 1.3%–10.1% and small-business costs down 7.6%–21.2%, effective July 1.
This shift follows lower wholesale costs and improved renewable performance, per Australian Energy Regulator (AER) chair Clare Savage.
The AER's draft decision adds a Solar Sharer Offer with three hours of free daytime electricity.
Concerns remain that international conflicts affecting coal and gas prices could raise costs.

1 of 1

Story summary

The Australian Energy Regulator forecasts lower electricity prices, with residential costs down 1.3%–10.1% and small-business costs down 7.6%–21.2%, effective July 1.
This shift follows lower wholesale costs and improved renewable performance, per Australian Energy Regulator (AER) chair Clare Savage.
The AER's draft decision adds a Solar Sharer Offer with three hours of free daytime electricity.
Concerns remain that international conflicts affecting coal and gas prices could raise costs.