Consumers could be saving up to $500 a year with energy efficient measures such as improved insulations and savings from solar-battery ownership is set to increase from $1250 to $1470 between 2030 and 2050.

“Our recommendation is for a new national partnership of all three levels of government to coordinate the energy transition for consumers and ensure it is as smooth as possible,” the report says.

Most states have also designed renewable energy zones and other policies to attract solar and wind generation, but many states have yet to commit to 100 per cent renewable energy.

Victoria has recently banned gas connections to new homes starting 2024 and the Australia Capital Territory will be providing $2000 to $15,000 in interest free loans to buy energy efficient products.

The New South Wales Premier Chris Minns, South Australian Premier Peter Malinauskas and the Queensland Energy Minister Mick de Brenni have all refused to ban to follow suite and ban gas connections.