![\"\"\/](\"https:\/\/www.newsbeep.com\/us\/wp-content\/uploads\/2025\/09\/https:\/\/prod.static9.net.au\/fs\/388522ff-06b6-4326-95c0-00482a558452.jpeg\")
N\ufeffew data has found that electricity bills soared faster than inflation after jumping 7.63 per cent over two years. (Getty)<\/p>\nElectricity bills have surged 27.16 per cent higher than inflation in two years after the average household cost jumped, a new report claims.<\/p>\n
According to energy comparison service iSelect, the average household electricity cost rose from $0.361\/kWh in June 2023 to $0.389\/kWh in June 2025.\ufeff<\/p>\n
The price increased by 7.63 per cent while \ufeffthe consumer price index, the key indicator of inflation, rose by 6 per cent in that same period.<\/p>\n
N\ufeffew data has found that electricity bills soared faster than inflation after jumping 7.63 per cent over two years. (Getty)<\/p>\n
iSelect utilities general manager Julia Paszka said: “Overall, the research reveals that while Australian households are facing above-inflation increases in their electricity bills.”<\/p>\n
The rates are feared to worsen after the monthly inflation indicator rose to the highest level in a year at 2.8 per cent in July, exceeding the 2.3 per cent economists had been expecting.<\/p>\n
eToro market analyst Josh Gilbert said the figures were a “sharp reversal from the steady disinflation we’ve seen over recent months and takes inflation back towards the top of the RBA’s target band”.<\/p>\n
“This suggests price pressures are proving stickier than policymakers had hoped, particularly in housing,” he said last month. \ufeff<\/p>\n
Electricity prices were also hiked from July 1, after costs were adjusted to the Australian Energy Regulator’s new default market offer (the legislated ceiling price for electricity prices).<\/p>\n
\ufeffNSW residents saw the sharpest increase of up to 9.7 per cent, while south-east Queensland saw up to 3.7 per cent, and South Australia saw up to 3.2 per cent.<\/p>\n
![\"Electricity](\"https:\/\/www.newsbeep.com\/us\/wp-content\/uploads\/2025\/09\/https:\/\/prod.static9.net.au\/fs\/4f8043a9-e716-4f19-bc11-d67c8357c9ce.jpeg\")
Australian Energy Regulator chair \ufeffClare Savage attributed the price rise to increasing transmission and wholesale electricity costs. (Getty)<\/p>\n
Australian Energy Regulator chair \ufeffClare Savage attributed the price rise to increasing transmission and wholesale electricity costs.<\/p>\n
“We know this is not welcome news for consumers in the current cost-of-living environment,” she said earlier this year.<\/p>\n
“Sustained pressures across almost all components of the default market offer have driven these price rises, with wholesale and network costs rising in most jurisdictions between 1 per cent and 11 per cent, and retail costs between 8 per cent and 35 per cent compared with last year.”<\/p>\n
Households can, however, expect to see some relief on their last two quarterly bills this year with two $75 energy rebates to \ufeffbe applied.<\/p>\n
The \ufefffederal government extended the rebates from July 1 to the end of 2025, but has indicated it would not extend the policy to next year.<\/p>\n","protected":false},"excerpt":{"rendered":"Electricity bills have surged 27.16 per cent higher than inflation in two years after the average household cost…\n","protected":false},"author":2,"featured_media":162944,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[36],"tags":[28,101],"class_list":["post-162943","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy","tag-business","tag-economy"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/162943","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/comments?post=162943"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/162943\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media\/162944"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media?parent=162943"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/categories?post=162943"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/tags?post=162943"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}