Power bills surge despite election promise

Australian households have paid almost $23 billion extra in electricity bills over four years, despite the Prime Minister's 2021 election commitment to reduce power bills by $275 annually. Queensland households have been hardest hit with a 54% increase in median energy bills, followed by New South Wales at 50%, South Australia at 40%, and Victoria at 26%. The Energy Minister attributes high prices to coal power breakdowns while pointing to government initiatives for solar, batteries and electric vehicles, with potential relief expected from regulator benchmark price drops.See omnystudio.com/listener for privacy information.