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The Guardian - AU
The Guardian - AU
National
Sarah Basford Canales

Australians could be spared excessive power bills as Labor looks to stamp out price gouging

Chris Bowen Electricity DMO
High voltage electricity transmission towers in front of a setting sun
Chris Bowen acknowledges the benchmark DMO’s role in encouraging competitive prices but concedes it has not worked as well as intended. Photograph: Roni Bintang/Getty Images

Households could be spared unreasonable power bill rises in the future as the Albanese government looks to stamp out price gouging after repeated price hikes.

In an address to the Australian Energy Week on Wednesday, Chris Bowen is expected to announce a review of the default market offer (DMO), which sets a benchmark price for residential and small business electricity bills.

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