Spark Club Podcast · 2026-03-23 · 46 min
Grant McDowell is in London and Tim Buckley is in Sydney recording the Spark Club Podcast on the 23rd March 2026 Highlights - Draft AER Default Market Offer Brilliant to see the Australian Energy Regulator has today flagged draft default market offer (DMO) electricity pricing down ⬇️ 1% to ⏬ 10% for residential consumers, and between ⬇️ 8% to ⏬ 21% for small business consumers The DMO sets an efficiently priced safety-net for households and small businesses on standing offer electricity plans and acts as a reference price to help consumers compare market offers. This is the draft ruling, with the final ruling released May 2026 for effect for the 12 months starting 1 July 2026. This is consistent with Australian Energy Market Operator (AEMO)'s quarterly energy dynamics highlighting Australia hit a record high 51% RenewableEnergy share in the 4QCY2025, and wholesale electricity prices fell by >40% yoy as a result.
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