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Victorian default electricity price to be announced on Monday 25 May

Essential Services Commission < 1 min read

The Essential Services Commission will release its decision on the Victorian Default Offer on Monday 25 May.

The Victorian Default Offer is a fair, independently set electricity price that acts as an important safeguard:

  • ensuring all homes and small businesses have access to a reasonable electricity deal
  • setting a maximum price a retailer can charge customers living in apartments, retirement villages and caravan parks where they cannot choose their own electricity supplier (approximately 182,000 people)
  • acting as a reference price so customers can more easily compare different deals in the market.

Approximately 17 per cent of households (512,000) and 21 per cent of small businesses (62,000) are currently on the Victorian Default Offer.

Chairperson available for interview

Essential Services Commission Chairperson Gerard Brody will be available for interview on Monday 25 May. To arrange an interview with Mr Brody please call 0437 677 385 or email [email protected].

END


Contact details:

Email: [email protected]
Phone: 0437 677 385

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