National Energy Guarantee will help cut power prices in most states and territories in the next decade, report finds

Households would save about $150 every year on their power bills under the Turnbull Government's flagship energy policy, a new report has found.

New research says the average household would
 make an additional saving of $150 under the NEG.

The research said the National Energy Guarantee (NEG) would help cut prices in most states and territories in the next decade.

Energy Ministers from across the country will decide the policy's fate at a crucial meeting on August 10 — a gathering that could end more than a decade of bickering over energy and climate change.

The average household would "save around $550 a year on their retail bill over the 2020s relative to 2017-18," the official report predicted.

Read the ABC News story - “National Energy Guarantee will help cut power prices in most states and territories in the next decade, report finds.”