Energy bills continue to disproportionately affect low-income households, exposing deep flaws in the assumptions underpinning Australia’s National Energy Market (NEM). In this proposal, SACOSS calls for South Australia to lead a national reform effort by advancing amendments to the National Energy Objectives. These amendments would introduce two critical priorities: social equity, and the minimisation of consumer harm and risk. By embedding these values into the regulatory framework, SACOSS aims to reshape energy policy so that it protects consumers—especially the most vulnerable—rather than relying on outdated market assumptions that have failed to deliver fair outcomes.