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Australia’s renewable energy transition is accelerating, but rising construction, network and infrastructure costs could limit how much lower generation costs flow through to electricity bills. For businesses, understanding these cost pressures will be important when reviewing energy contracts and planning ahead.

2027 electricity futures are around 20% lower on average than they were 12 months ago, creating more favourable market conditions for businesses reviewing upcoming energy contracts.

Australia’s electricity market is facing major changes, with coal power station closures, rising data centre demand and higher future electricity pricing creating new considerations for businesses planning their next energy contract.

Think of forward contracting like securing your next materials order before prices rise. Instead of waiting until your current electricity or gas agreement is about to expire, forward contracting allows your business to arrange its next contract in advance.

Victoria has banned one of the most common ways electricity and gas retailers overcharge loyal customers. From 1 July 2026, any retailer that knows a customer has been on the same plan for more than four years must move them to a fairer rate.

Wholesale electricity futures fell significantly across NSW, Victoria, Queensland and South Australia in the first half of 2026, creating more favourable market conditions for businesses reviewing upcoming energy contracts.