What the increased default market offer means for electricity prices

Grattan Institute

In the past year, Australians have been navigating the rising cost of living, including increased electricity and gas bills. One tool which gives us an insight into electricity prices for the next financial year is the default market offer (DMO), a draft of which has recently been released by the Australian Energy Regulator. The DMO suggests electricity prices will rise by an average of 20 per cent in the coming year. In this podcast, Tony Wood, Energy and Climate Program Director, and Alison Reeve, Energy and Climate Deputy Program Director, discuss what the DMO means for electricity prices and consumers, in a conversation facilitated by Esther Suckling, Associate.