{"id":88312,"date":"2024-12-04T04:37:34","date_gmt":"2024-12-03T19:07:34","guid":{"rendered":"https:\/\/www.solarquotes.com.au\/blog\/?p=88312"},"modified":"2024-12-04T04:37:34","modified_gmt":"2024-12-03T19:07:34","slug":"vic-electricity-prices-mb3065","status":"publish","type":"post","link":"https:\/\/www.solarquotes.com.au\/blog\/vic-electricity-prices-mb3065\/","title":{"rendered":"Victorian Default Electricity Prices: Have Your Say"},"content":{"rendered":"

\"Electricity:<\/p>\n

Victoria’s Essential Services Commission (ESC) is reviewing prices for the 2025-26 Victorian Default Offer for electricity and has released a request for comment paper. And it shouldn’t be long before a draft decision for feed-in tariffs is also published.<\/p>\n

The Victorian Default Offer (VDO) is what households and small business customers in the state pay for electricity if they haven\u2019t chosen a market offer. Market offers are often less expensive than the VDO, but the default offer is meant to act as a safety net of sorts; preventing folks from being gouged (too much).<\/p>\n

While the VDO only applied to approximately 13 per cent of households and 20 per cent of small businesses as at June this year, plus as a maximum price benchmark for embedded network customers1<\/a><\/sup>, the VDO tends to set the scene for market offers. Victorian retailers must also compare their market offers to the VDO prices when advertising.<\/p>\n

The ESC’s final decision on the 2024\u201325 Victorian Default Offer represented a 6 per cent reduction in average domestic annual bills compared to 2023-24. Whether there will be another drop for 2025-26 remains to be seen.<\/p>\n

\u201cEach year we review the different costs that make up electricity bills, including wholesale electricity costs, the cost of getting energy to customers, and retailer operating margins,” said ESC Chairperson Gerard Brody<\/a>. “We want to hear from stakeholders about the approach we use to set our cost benchmarks and whether they can be improved.”<\/p><\/blockquote>\n

To contribute feedback on the 2025-26 Victorian Default Offer, interested parties are encouraged to do so via the\u202fEngage Victoria website<\/a> before 5pm on 24 December 2024. The request for comment paper can be found here<\/a>. The ESC’s draft decision will be released for consultation in March 2025, followed by final decision in May 2025.<\/p>\n

Solar Feed-In Tariff Review Decision Soon?<\/h2>\n

On a related note, it was around this time last year (late November actually), when the ESC commenced consultation on its draft decision for minimum solar feed-in tariffs in Victoria<\/a> for 2024\/25. Looking further back, draft decisions for the following financial year were usually published in mid-November to mid-December; so the 2025\/26 draft decision shouldn’t be far off.<\/p>\n

For the current financial year, the single rate minimum is 3.3 cents per kilowatt-hour and time varying rates range from 2.8c – 8.4c\/kWh. While minimum rates, retailers can (and sometimes do) offer more. It’s another good reason to compare electricity plans<\/a> regularly; although the real value from solar panels for some years has been in maximising self-consumption rather than feed-in tariffs. Bear in mind also that the highest FiT does not necessarily represent the best electricity plan overall for a solar household – consumption, daily and other charges also need to be weighed up.<\/p>\n

Victorian Energy Market Report Published<\/h2>\n

In other news from the ESC, the Commission released its 2023-24 Victorian Energy Market Report on Friday, which indicates a higher number of customers missed a bill payment, were in debt, or were at risk of disconnection during the report period. However, fewer customers were disconnected. But Mr. Brody expressed concerns there were many customers in arrears not receiving payment assistance.<\/p>\n

“It is important that retailers communicate effectively with customers experiencing difficulty paying their energy bills rather than placing too much reliance on disconnection warning notices.”<\/p><\/blockquote>\n

The report also notes during the report period the Commission issued penalties totalling more than $2.6 million against Victorian energy licensees, accepted four enforceable undertakings and engaged in four Supreme Court proceedings – the period marked the first time the ESC has instituted proceedings in the Supreme Court.<\/p>\n

The Victorian Energy Market\u00a0 Report \u2013 2023\u201324 can be accessed here<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"

Victoria’s Essential Services Commission (ESC) is reviewing prices for the 2025-26 Victorian Default Offer for electricity and has released a request for comment paper. And it shouldn’t be long before a draft decision for feed-in tariffs is also published.<\/p>\n","protected":false},"author":17,"featured_media":88313,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[678],"tags":[],"class_list":["post-88312","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-solar-battery-news","entry"],"acf":[],"yoast_head":"\nVictorian Default Electricity Prices: Have Your Say<\/title>\n<meta name=\"description\" content=\"The Essential Services Commission is reviewing prices for the 2025-26 Victorian Default Offer for electricity and is inviting feedback.\" \/>\n<meta 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Yesterday morning, the Australian Energy Regulator and the Victorian Essential Services Commission announced their draft decisions for the Default Market Offer (DMO) and Victorian Default Offer (VDO)\u2026","rel":"","context":"In "General Solar & Storage News"","block_context":{"text":"General Solar & Storage News","link":"https:\/\/www.solarquotes.com.au\/blog\/category\/solar-battery-news\/"},"img":{"alt_text":"Electricity price increases: Australia","src":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2023\/03\/vdo-dmo-electricity.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2023\/03\/vdo-dmo-electricity.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2023\/03\/vdo-dmo-electricity.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2023\/03\/vdo-dmo-electricity.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2023\/03\/vdo-dmo-electricity.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]},{"id":75996,"url":"https:\/\/www.solarquotes.com.au\/blog\/energy-australias-prices-rise\/","url_meta":{"origin":88312,"position":1},"title":"More Customers Take the Hit: EnergyAustralia\u2019s Prices to Rise","author":"Richard Chirgwin","date":"June 19, 2023","format":false,"excerpt":"EnergyAustralia has announced its 2023 Default Market Offer (DMO), Victorian Default Offer (VDO) and Variable Market contract price increases. For those not versed in the Australian energy market, here's a quick explainer of those acronyms: Default Market Offer (DMO): This is a safety net for New South Wales, South Australia,\u2026","rel":"","context":"In "General Solar & Storage News"","block_context":{"text":"General Solar & Storage News","link":"https:\/\/www.solarquotes.com.au\/blog\/category\/solar-battery-news\/"},"img":{"alt_text":"calculator, credit card and electricity bills","src":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2023\/06\/ea-price-increases.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2023\/06\/ea-price-increases.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2023\/06\/ea-price-increases.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2023\/06\/ea-price-increases.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2023\/06\/ea-price-increases.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]},{"id":83887,"url":"https:\/\/www.solarquotes.com.au\/blog\/electricity-offer-decisions-mb2927\/","url_meta":{"origin":88312,"position":2},"title":"Electricity Prices Update: Who Saves And Who Gets Slugged","author":"Michael Bloch","date":"May 24, 2024","format":false,"excerpt":"Final decisions were published yesterday for regulated electricity offers in several Australian states. Find out what this means and how it might affect you. What Is A Default Offer? A default offer is the maximum price an electricity retailer can charge a customer on a standing offer, which is a\u2026","rel":"","context":"In "General Solar & Storage News"","block_context":{"text":"General Solar & Storage News","link":"https:\/\/www.solarquotes.com.au\/blog\/category\/solar-battery-news\/"},"img":{"alt_text":"Electricity offer determinations","src":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2024\/05\/electricity-offers-determination.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2024\/05\/electricity-offers-determination.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2024\/05\/electricity-offers-determination.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2024\/05\/electricity-offers-determination.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2024\/05\/electricity-offers-determination.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]},{"id":97262,"url":"https:\/\/www.solarquotes.com.au\/blog\/electricity-loyalty-penalty-mb3359\/","url_meta":{"origin":88312,"position":3},"title":"Electricity Customer ‘Loyalty Penalty’ Alive And Well In 2026","author":"Michael Bloch","date":"January 16, 2026","format":false,"excerpt":"The Australian Competition and Consumer Commission (ACCC) has again warned that millions of Australian households aren't on the cheapest electricity plan; many effectively being slugged with a \"loyalty penalty\" by their current retailer. And the financial hit is significant. What's The Impact Of\u00a0 Electricity Loyalty Penalties? A couple of days\u2026","rel":"","context":"In "Electricity Prices"","block_context":{"text":"Electricity Prices","link":"https:\/\/www.solarquotes.com.au\/blog\/category\/electricity-prices\/"},"img":{"alt_text":"Australian electricity bill","src":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2026\/01\/electricity-bill-loyalty-penalty.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2026\/01\/electricity-bill-loyalty-penalty.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2026\/01\/electricity-bill-loyalty-penalty.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2026\/01\/electricity-bill-loyalty-penalty.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2026\/01\/electricity-bill-loyalty-penalty.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]},{"id":92674,"url":"https:\/\/www.solarquotes.com.au\/blog\/dmo-electricity-offers-mb3207\/","url_meta":{"origin":88312,"position":4},"title":"Energy Minister Signals Electricity Offer Shake-Up","author":"Michael Bloch","date":"June 19, 2025","format":false,"excerpt":"A mechanism ensuring electricity retailers can't charge some customers as much as they otherwise may isn't working as intended says Federal Minister for Climate Change and Energy Chris Bowen. The Australian Energy Regulator (AER) currently sets the Default Market Offer (DMO) in New South Wales, southeast Queensland and South Australia;\u2026","rel":"","context":"In "General Solar & Storage News"","block_context":{"text":"General Solar & Storage News","link":"https:\/\/www.solarquotes.com.au\/blog\/category\/solar-battery-news\/"},"img":{"alt_text":"Federal Energy Minister Chris Bowen","src":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2025\/06\/electricity-prices-dmo-2.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2025\/06\/electricity-prices-dmo-2.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2025\/06\/electricity-prices-dmo-2.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2025\/06\/electricity-prices-dmo-2.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2025\/06\/electricity-prices-dmo-2.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]},{"id":92134,"url":"https:\/\/www.solarquotes.com.au\/blog\/energy-loyalty-victoria-mb3184\/","url_meta":{"origin":88312,"position":5},"title":"Energy Bills: ‘Loyalty Tax’ Targeted In Victoria","author":"Michael Bloch","date":"May 20, 2025","format":false,"excerpt":"Victoria's Essential Services Commission (ESC) has proposed new rules that would compel the state's energy retailers to shift some customers onto cheaper electricity and gas plans. An 'energy loyalty tax' isn't really a tax, but refers to higher prices retailers may charge long-term customers compared to new customers who get\u2026","rel":"","context":"In "General Solar & Storage News"","block_context":{"text":"General Solar & Storage News","link":"https:\/\/www.solarquotes.com.au\/blog\/category\/solar-battery-news\/"},"img":{"alt_text":"Energy bill with loyalty tax","src":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2025\/05\/energy-loyalty-tax.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2025\/05\/energy-loyalty-tax.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2025\/05\/energy-loyalty-tax.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2025\/05\/energy-loyalty-tax.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2025\/05\/energy-loyalty-tax.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/posts\/88312","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/users\/17"}],"replies":[{"embeddable":true,"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/comments?post=88312"}],"version-history":[{"count":4,"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/posts\/88312\/revisions"}],"predecessor-version":[{"id":88317,"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/posts\/88312\/revisions\/88317"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/media\/88313"}],"wp:attachment":[{"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/media?parent=88312"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/categories?post=88312"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/tags?post=88312"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}