Tag: solar power projects

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As of May 10th, the average retail electricity price has surged by 4.8%. Amidst the current challenges, businesses are struggling to cope with this additional burden, likening it to a knockout blow. With rising electricity costs, enterprises are grappling with diminished resilience, while consumers fear a knock-on effect on the prices of other goods and services, necessitating spending cuts.

"As of May 10th, electricity rates have surged by an additional 4.8%, causing concern among consumers already burdened by rising costs of living. This increase will undoubtedly impact households and businesses, with many worrying about how much higher their bills will climb."