Increased output from wind generation and batteries, and falling electricity contract prices, are expected to deliver lower energy billsFollow our Australia news live blog for latest updatesGet our breaking news email, free app or daily news podcastPower prices on Australia’s east coast are predicted to fall from July because of increased output from wind generation and batteries, and falling electricity contract prices, with potential savings up to $1,320 for some small businesses.In a draft decision on Thursday, the Australia Energy Regulator (AER) proposed a price reduction for customers on standing electricity plans – known as the “default market offer” –