NSW residents brace themselves for power bill hikes
Desperate families and pensioners in New South Wales have pleaded with the state government to cancel plans for big power price rises this winter, it has been revealed.
According to the Daily Telegraph, people have even taken their concerns to the Independent Pricing and Remuneration Tribunal in a bid to get the hikes abolished.
However, the NSW government has ignored such pleas and last month approved the price increases which it says are the result of necessary upgrades to the state’s electricity assets.
It means that from July 1st, NSW residents will be forced to pay the first instalment of what will be a rise of more than 64 per cent rise over the next three years.
The rises will add hundreds of dollars to the average three-monthly bill, which many households will struggle to afford.
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