IN BRIEF: Australian household could save around $150 a year on their power bills under the NEG according to figures in a report leaked ahead of the its official release.

Ecogeneration reported on Thursday that the average household was forecasted to save around $550 a year on their retail bill over the 2020s compared to 2017-18, according to the leaked figures.

Close to $150 per year is predicted in additional savings as a result of the guarantee.

The leak precedes the upcoming Council of Australian Governments (COAG) meeting in August.

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