Good morning,
Later today the Australian Energy Regulator will release its draft Default Market Offer (DMO), which is a government-set price safety net for electricity in NSW, South Australia, and south-east Queensland.
The DMO sets the maximum amount retailers can charge through their contracts with homes and small businesses and is a reference point for comparing market offers, effective from July.
As Australians struggle with rises in petrol prices and interest rates, they will be acutely aware of any increases to their power bills (see our comprehensive report HERE).
This year's DMO will also include the new Solar Sharer Offer (SSO), which implements a three-hour "free" electricity period during the middle of the day with regulated structure and pricing.
The Climate Council can offer several energy experts for interview/comment on this issue:
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Climate Councillor, Associate Professor Joel Gilmore
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Climate Councillor and former BP Australasia president Greg Bourne
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Stephanie Bashir, Nexa Advisory CEO and founder
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Tim Buckley, Climate Energy Finance founder and director
The Default Market Offer reinforces three key convictions held by the Climate Council:
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The best way for people to protect themselves from energy price rises is to take advantage of government incentives and join millions of other Aussies who have solar and storage;
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Australian governments must continue to provide incentives that help ramp up the roll-out of renewable energy and storage; and
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Electricity consumers should shop around for the best deal possible, and avoid paying too much due to “loyalty taxes’’ or default offers.
For interviews please contact Climate Council Media Advisor Warwick Green on 0439 647 144 [email protected] or the Climate Council media team on [email protected] or call 0485 863 063.
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For further information, go to: climatecouncil.org.au
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For further information, go to: climatecouncil.org.au