Labor lied to Australians on energy costs

In late 2021, Labor released its Powering Australia Plan, which promised to cut NEM wholesale electricity costs by $11 per MWh from $62 to $51 by 2025.

Labor claimed that its Powering Australia Plan would save Australians $275 on their residential power bills.

This week, The Australian reported that the cost of generating electricity across Australia’s grid soared by more than 80% over the final three months of 2024.