logoalt Hacker News

perpetuallunchtoday at 2:02 PM1 replyview on HN

> General consumer prices went down

What now?

Where in Australia have consumer prices gone down?

> because of a reduction in peak electricity use driving up retail costs

I don’t understand what you’re trying to day here.


Replies

ZeroGravitastoday at 4:25 PM

https://www.abc.net.au/news/2026-05-26/power-prices-fall-in-...

> Power prices to fall for most customers, with bigger drops for businesses

> What is driving [lower prices] is a reduction in the cost of producing electricity. We've seen a lot more batteries and solar systems come into the electricity market in the last 12 months. They've been making the market much less volatile," Ms Savage said.

> "We've not needed as much gas and hydro generation in the evening peaks, and that's what's really cut that cost of wholesale generation."