Proposed Victorian default electricity price to be announced on Thursday 12 March

Essential Services Commission

The Essential Services Commission will release its draft decision on the Victorian Default Offer by a media release and on its website at 7am, Thursday 12 March.

The Victorian Default Offer is an independently set electricity price that:

  • gives Victorians access to a reasonable electricity deal, even if they are unable or unwilling to engage in the retail market
  • acts as a reference price so customers can more easily compare different deals in the market
  • is the maximum amount electricity retailers can charge customers in an embedded network, such as an apartment complex, retirement home or caravan park.

Chairperson

/Public Release.