Australia’s household energy bills will halve by 2050, modelling suggests

The GuardianSunday, October 12, 2025 at 2:00:57 PM
Australia’s household energy bills will halve by 2050, modelling suggests
A recent report from the Grattan Institute predicts that by 2050, Australian household energy bills could be cut in half, thanks to advancements in solar panels, batteries, and electric vehicles. This significant reduction in costs not only eases the financial burden on families but also opens up opportunities for the federal government to take more decisive action on climate change. As energy prices drop, the transition to renewable energy sources becomes more feasible, making this a crucial development for both the economy and the environment.
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