Surging levels of renewable energy and better reliability from coal-fired generators are set to give consumers a break, with benchmark power prices to fall up to 10 per cent for consumers and more for small businesses.

State regulator sets default price of power even lower than projected in March, giving the renewables-forward state government a win with voters ahead of the November state…

After years of price rises, power bills are set to fall for millions of households. This is why.