Skip to content
Energy

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

Essential Services Commission < 1 min read

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 available for interview

Press conference

Essential Services Commission Chairperson Gerard Brody will hold a press conference about the VDO at 11am Thursday 12 March at Level 8, 570 Bourke Street, Melbourne.

Email [email protected] to register your attendance.

Interviews

To arrange a phone interview with Gerard Brody on Thursday 12 March, call 0437 677 385 or email [email protected].

END


Contact details:

Email: [email protected]
Phone: 0437 677 385

More from this category

  • Energy
  • 05/06/2026
  • 18:18
Barilla Group

Renewable Electricity, Soft Wheat Flour From Regenerative Agriculture, Initiatives to Support Local Communities: Barilla Shares These and Other Projects in “Stories of Sustainability.”

Barilla continues to advance its commitment to tastier products with less sugar and salt; An investment of 30 million euros in 2025 to quadruple…

  • Contains:
  • Energy
  • 05/06/2026
  • 15:15
Schneider Electric

Australian leaders bet on AI, but cost and skills barriers threaten progress

New Schneider Electric research shows 67% of executives see automation as critical to competitiveness, yet many face financial and technical barriers to adoption. Half of respondents expect AI investments to pay off within three years, but a gap remains between strategic intent and operational readiness. AI adoption is accelerating in sustainability-focused areas, led by smart building control, sustainability reporting, and energy forecasting. With the first sustainability reports set to be released this year, businesses must strengthen data integrity and digital capability to meet new reporting standards. Sydney (Australia), 5 June 2026: Australian businesses are accelerating their adoption of automation to…

  • Energy
  • 05/06/2026
  • 07:00
Essential Services Commission

Regulator releases final decision on North East Water’s pricing

The Essential Services Commission has released itsfinal decisionon how much North East Water can charge customers for water and sewerage services over the next five years, starting 1 July 2026. North East Water provides water and sewerage services to approximately 120,000 people in 39 towns. Itsservice areaincludes Wodonga and Wangaratta and is bound by Corryong, Yarrawonga, Benalla and Dartmouth. The typical household water and sewerage bill for North East Water’s owner-occupier customers will increase by about 9.9 per cent or around $109 during 2026-27 (including 4.1 per cent inflation). Prices will then increase by around 5.4 per cent or about…

Media Outreach made fast, easy, simple.

Feature your press release on Medianet's News Hub every time you distribute with Medianet. Pay per release or save with a subscription.