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renters NSW Department of Fair Trading

Unit dwellers to choose own electricity provider under new law

Unit dwellers to choose own electricity provider under new law

THOUSANDS living in strata units could have their power and internet bills reduced with the state government to ban developers from locking entire blocks into long-term contracts.

Across the state, there are almost 80,000 strata lots occ upied by owners or tenants, many of them on electricity, gas and internet contracts signed up to by the developer.

As The Sunday Telegraph revealed in August, many contracts are no longer competitive, making owners and renters pay too much.