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Take a look at inflation in the hospitality industry and what challenges these businesses are facing.

Electricity prices in Australia have nearly doubled between 2021 and 2025, influenced by global events like the war in Ukraine, domestic policy changes such as the closure of coal-fired power stations, and extreme weather events disrupting energy supply. Businesses approaching contract renewals should anticipate higher rates and consider proactive measures like early contract reviews, securing longer-term agreements, and investing in energy efficiency solutions to mitigate rising costs.

As inflation drives expenses further, businesses are looking for ways to adapt and break out of it.

State-by-state, small market and large market, electricity and gas, here are our market insights for February 2025 delivered by our expert team of energy brokers.

Australia's energy sector is facing a critical transformation, with rising electricity demand and the decommissioning of coal plants leading to higher prices. Businesses must act now to mitigate costs by partnering with energy brokers, investing in renewable energy, and forecasting demand. Proactive energy management can help companies navigate future challenges and reduce reliance on an unstable grid.

With the rise in energy prices and economic pressures accompanying them, Australian energy independence is on our minds.