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AAP
AAP
Business
Paul Osborne

Coal prices, floods push up power prices

Coal Chris Bowen Clare Savage Energy Aer Electricity Australian Energy Regulator New South Wales Queensland
Energy Minister Chris Bowen outlines the latest news from the Australian Energy Regulator. (AAP)

Electricity bills are set to rise for households and small business following a decision by the Australian Energy Regulator in the face of floods, the Ukraine war and coal plant outages.

The watchdog on Thursday released its final determination for the 2022/23 "default market offer" (DMO), which sets a safety net price and the reference point for customers to shop around.

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