Household electricity costs have grown by 23.6 per cent over the past 12 months, as the government continues to insist its energy transition will bring costs down for Australians.

The real cost of electricity grew nine per cent over the September quarter, on top of a rise of an 8.1 per cent in the June quarter, according to the Australian Bureau of Statistics (ABS).

Government rebates, which have largely been responsible for keeping a lid on household power costs, have eased in recent months as most are earmarked to conclude at the end of 2025.

The schemes have been effective in reducing home costs, but have raised questions about the government's plans to keep power prices down in the long term, in line with previous promises.

Energy Minister Chris Bowen has said, as recently as Quest

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