ABC News Daily
ABC News Daily
ABC Australia
Why power bills are falling despite the Iran war
15 minutes Posted May 27, 2026 at 4:00 pm.
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Australians have had a rough few years when it comes to power bills, with the war in Ukraine helping send global energy prices soaring. 
But now, despite ongoing conflict overseas, electricity prices are finally set to fall for homes and businesses. 
Today, ABC energy reporter Dan Mercer on the battery boom driving down prices and whether more bill relief is on the horizon.
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Dan Mercer, ABC energy reporter