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ABC News
ABC News
Business
energy reporter Daniel Mercer

Regulated power prices set to surge 'at least 20 per cent' this winter as energy bill reprieve ends

Despite a mild summer, power prices are still expected to rise substantially. (Supplied: Powering Australian Renewables Fund)

Benchmark power prices for hundreds of thousands of Australians are set to rise by more than 20 per cent within months as the enormous costs from last year's energy crisis flow through to consumers' bills.  

Following increases of up to 18.3 per cent last year, electricity price caps in a number of states are expected to jump by an even greater amount under changes set to come into effect from July.

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