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Are residential and business electricity prices changing

Yes, the State Government has announced a 3% increase to the Home Plan (A1) residential electricity tariff for WA households.

Budget papers released show indicative increases to business tariffs and will be subject to confirmation in the coming weeks. Synergy is working with the State Government to confirm any final increase amounts. However modelling suggests the business tariff increases will be significantly lower than the rates shown in the budget papers.