Posted: 12.10.2022 17:03:00

Australian energy companies warned of increase in tariffs by more than a third

In recent times, growing electricity prices have become common for the West, but Australia has also joined those talking about raising tariffs. One of the country’s largest energy companies, Alinta Energy, predicts a price increase by a third for 2023, RIA Novosti reports with reference to local media.

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According to Alinta Energy CEO Jeff Dimery, energy pricing modelling demonstrates that tariffs will jump by at least 35 percent in 2023. "I am not sure if the government is going to take any measures on this," he said.

Mr. Dimery is also concerned about the amount of work that specialists will have to carry out in order for Australia to switch to renewable energy sources.