Australia now a top-three global player in batteries, and renewable energy met nearly half of the nation’s power in 2025 Follow our Australia news live blog for latest updates Get our breaking news email , free app or daily news podcast Energy bills for households and small businesses will fall by up to 10% from July across parts of the eastern states, as a new industry survey shows record levels of renewables and batteries in the power grid. Households in New South Wales and south-east Queensland on standing electricity plans – known as the “default market offer” – can expect prices to fall between 3.4% and 10.7% compared to last year, according to the Australian Energy Regulator’s final offer for 2026-27. Some could save up to $155 per year. While, South Australian households on a flat r