Electricity prices have increased more than three times faster than wage growth

November 29, 2017

The Daily Telegraph recently reported that electricity price hikes have increased more than three times faster than wage growth in the past decade with experts fearing more NSW families could have their electricity disconnected this summer.

Data provided to the Telegraph showed that the average annual electricity bill has jumped 116 per cent from $1282 in 2007 to $2770 in 2017, while the median wage has grown just 35 per cent from $59,723 to $80,382.

Source: Daily Telegraph

 

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