Prepay Power hikes bills as over one million households warned of rising energy costs

Households face higher bills as energy provider raises electricity and gas prices. Picture: iStock

More than one million households have been put on notice to expect energy price hikes in the months ahead after Prepay Power announced its bills will increase from June 1.

The supplier said it will raise its electricity unit rate by just under 12% and its gas unit rate by just over 14%.