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Default Market Offer Prices Set to Plummet in 2021 – Canstar Blue

Aussies on costly standing offer plans are set to see their power bills fall after the energy regulator released its draft pricing proposal for the Default Market Offer (DMO) in 2021-22.
The Australian Energy Regulator (AER) has released new maximum prices for residential and small business customers across New South Wales, south east Queensland and South Australia, reporting big savings across all regions.
Based on the AER’s drafted annual DMO figures, residential customers are tipped to save between $69 and $136, while small businesses will pocket $317 to $577.
AER Chair, Clare Savage, said the DMO is all about capping the prices retailers are able to charge consumers who are left on expensive
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