But wholesale prices are down by 25% compared to the June quarter in New South Wales, down 9% in Victoria, and down 12% in Tasmania

Wholesale power prices across much of eastern Australia were sharply higher in the September quarter from a year earlier because of increased reliance on gas, hydro and batteries, the Australian Energy Regulator said in its quarterly report.

Average prices ranged from $114/megawatt-hour in Queensland to $201/MWh in South Australia. The biggest year-on-year increases were in Tasmania, with prices up 290%, Victoria’s increasing 114% and SA’s 76% higher.

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