Renew is a membership non-profit organisation working to transform Australian homes for climate and energy resilience.

This report clearly shows that homes using gas will see the highest increase in home energy costs, with those using gas for heating, cooking and hot water facing bill increases of up to $1900 over the next two years. All electric homes are shown to be much much more resilient to the changes, with an average household in Melbourne projected to save more than $2700 a year by switching from gas to all-electric by 2024.