Victorians see utility costs soar $900 in five years
Typical households in Victoria are paying a massive $900 more for the basic utilities of electricity, gas and water than they were in 2005, a new study has found.
An investigation by the Herald Sun has discovered that electricity and water bills are up by an average of 45 to 60 per cent on five years ago while gas is 20 per cent higher.
Indeed, the newspaper's review reveals that annual utility bills have jumped up to six times faster than the rate of inflation in some areas of Victoria.
Soaring water bills were attributed to drought and major project costs while it was suggested electricity costs could "explode" further over the coming years as governments force companies to commit to more expensive forms of green energy.
Aussies struggling with rising living costs may wish to compare debit cards and shrink their debts. According to Victorian Council of Social Service chief Cath Smith, the steep rises in utility costs are affecting people across the state.
"We know some people are sacrificing on fresh food and health because of utility and rent rises," she said.
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