NSW electricity on the rise

Thursday 14 April 2011 @ 10.23 p.m. | Trade & Commerce

New South Wales electricity users are to be slugged with another round of hefty price increases.

The Independent Pricing and Regulatory Tribunal (IPART) says electricity prices for the average New South Wales resident will increase by 17.6 per cent from July.

Sydney customers will pay on average about $230 more each year, while rural customers will face an extra $316 in charges.

IPART chairman says the tribunal is aware the increases will hit families hard.

New South Wales Premier Barry O'Farrell says the State Government will seek compensation from the Commonwealth for the bill increases.

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