‘Power Bills Start to Climb as Wholesale Prices Surge’
Stuff – Business / March 2021
With the cost of energy surging on the spot market, electricity retailers are increasing their rates to consumers to cover their shortfall. With Nova Energy and Mercury price rises between 2% – 6% it is only a matter of time before the rest of the market follows suit. While a great indication that the move to independent generation through solar, this could be too late for many businesses.