Renewables and home batteries driving down electricity prices | ABC NEWS

Residential power prices will drop 10 per cent, while small businesses could see a 20 per cent reduction as more renewables come online as well as the effect of hundreds of thousands of home batteries.
Energy Minister Chris Bowen says the rise in renewables means there is less reliance on more expensive coal and gas generation.
Subscribe: http://ab.co/1svxLVE
Read more here: https://www.abc.net.au/news/2026-05-26/power-prices-fall-in-latest-dmo-release/106718250

Note: In most cases, our captions are auto-generated.

#ABCNEWS #ABCNEWSAustralia