Home battery owners pocket $2 million as heatwave and outages spike NSW
Home battery owners in New South Wales earned approximately $2 million on Monday as a spring heatwave and coal plant outages sent electricity prices soaring to $23,107 per megawatt hour. Four of the state's coal-fired generating units were offline while transmission line maintenance restricted renewable energy deliveries to Sydney.
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Published 16 Oct 2026, 18:00 UTC · Updated 16 Oct 2026, 18:10 UTC
Summary by OZbrief Editorial. Original report: ABC News – Australia. Editorial policy · Corrections
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