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Gas

Gas prices on the rise in the 'next few years', says expert

Gas prices may rise  according to expert  16000646 800473240 0 0 7074262 300

For many Australians living along side the sparkling oceans of a nearby beach is one of life's little pleasures, but it could also mean paying higher gas prices.

If recent reports into the energy industry prove to be correct families that reside along the eastern seaboard - which includes villages and towns that may not have harbour views - are set to increase as the year progresses.

It is still too early to say whether the average family's energy bills will jump dramatically or embark on a gradual incline, but it seems that a number of experts are convinced that Aussies may soon be paying more for their power.

In an interview with the Australian Reg Nelson, managing director of Beach Energy said that consumers should prepare for a price increase in the "next few years".

"There's clear evidence the market is short on gas and demand is increasing," he asserted.

And while Mr Nelson did not say when consumers could expect to notice changes to their energy bills, it may be wise to start planning ahead.

Consumers may find it advantageous to compare providers in order to make sure that they are getting the best deal on the market.

Posted by Callum Fleming