Electricity Prices Rising in July: As of July 1, 2025, Australian households and small businesses are bracing for another increase in electricity prices. The Australian Energy Regulator (AER) has released its draft determination for the Default Market Offer (DMO) for the 2025–26 period, indicating price hikes across New South Wales (NSW), South-East Queensland, and South Australia (SA).
In NSW, residential customers can expect increases between 7.8% and 8.8%, translating to annual bill hikes ranging from $159 to $200, depending on the distribution zone.
Several factors contribute to these impending increases:
- Wholesale Market Costs: Elevated demand, unexpected outages at coal-fired power stations, and lower-than-anticipated solar and wind energy production have led to higher wholesale electricity prices.
- Network Costs: Inflation and rising interest rates have contributed to increased expenses in maintaining and upgrading electricity infrastructure.
Why Solar is the Smart Choice Now
With electricity prices on the rise, investing in solar energy has never been more advantageous. Here’s why:
1. Significant Cost SavingsBy installing a solar system, you can generate your own electricity and significantly reduce or eliminate your electricity bills. Solar systems provide a stable and predictable source of energy, helping you avoid the financial strain caused by rising electricity prices.
2. Government Incentives and SupportThe Australian government continues to support solar adoption through programs such as the Small-scale Renewable Energy Scheme (SRES). Homeowners and businesses installing eligible solar panels can earn Small-scale Technology Certificates (STCs) based on the system’s size and location. These certificates can be sold to offset installation costs.
3. Increase in Property ValueIncorporating solar panels into your home can increase its market value. Homes with solar systems are highly desirable, and many buyers are willing to pay more for a property that already has an established solar system in place.
4. Environmental BenefitsSwitching to solar reduces your carbon footprint by using less electricity from the grid, which comes from a mix of sources – mainly fossil fuels. A 6.6kW solar system can reduce greenhouse gas emissions by over 250 tonnes in its lifetime.
How SunQuotes Can Help
SunQuotes connects you with top solar retailers in your area, ensuring you receive the best possible deal for your solar installation. Our service is free, and our quotes are tailored to your location, ensuring that you’re getting the most accurate and affordable options available.
Don’t wait – take the first step towards energy independence today. Get your quote now with SunQuotes and start saving money while helping the planet.
