East coast small businesses could see electricity prices rise by between 4.2 and 8.2 per cent, according to a new draft determination from the Australian Energy Regulator (AER) for the Default Market Offer (DMO) of electricity prices in 2025-26.
The DMO is the maximum price that retailers can charge standing offer customers in New South Wales, South Australia, and South East Queensland. The role of the DMO is to ensure that customers, including small businesses, are protected from excessively high electricity costs.
In a release announcing the new draft determination, the AER says it will “work with retailers to ensure they are focused on the need to support affected customers during this time”.
AER Chair Clare Savage encouraged business owners to shop around, if possible.
““It’s important that consumers regularly shop around to compare available deals and ensure they’re on the best plan for their individual circumstances,” said Savage. “We know that cost-of-living pressures are front of mind for many households and small businesses…If you’re struggling to pay your bills, please contact your retailer as soon as possible. Under national energy laws they must assist you.”