MiC are energy experts and their focus and goal is to help the businesses of Australia get the most competitive deal in the current market. In the first 3 months of the year, wholesale energy prices saw a year-on-year increase of 141%, and they continue to rise - these will begin to flow through to retail prices across both small business and residential customers from July 1st. The rise is being driven by a multitude of factors - coal power stations closing (Liddell in April 2023 and Eraring closing 7 years early in 2025) plus a number of outages; global oil, gas and coal prices, unrest in Europe, plus weather events. Many markets are seeing price rises and volatility at this time. ABC News has reported that Small Business Electricity prices will rise by 18.3% from July 1st and the Australian Financial Review (AFR) reported an expected double-digit increase on power bills. In the coming weeks, you will receive a rate change notification from your current retailer detailing what your new pricing will be and how this will affect your energy contract moving forward. This is where we come in! Let us help you to maintain the best possible price in a rising market. Click on the image and leave your details for a quick response from one of our experts who will take you through your options.
Contact MIC today.
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