Power bill relief is coming for households in most eastern states as solar and batteries chew into expensive gas and hydro generation to cover evening peaks.
Annual savings of more than $200 compared to the year prior have been confirmed for some residential customers on standing electricity offers, depending on their region and plan type.
Default market offers are updated each year by the energy regulator to reflect the cost of delivering electricity to businesses and households.
With the exception of South Australian households on flat rates, which are flagged for a 1.4 per cent increase, electricity prices are set to fall in the eastern states.
NSW homes on flat rates can expect falls between 3.4 per cent and 5 per cent, and by 7.2 per cent in southeast Queensland.
