We are reviewing the Victorian Default Offer prices to apply from 1 January 2021.
Victorian Default Offer price review 2021
-
Consultation paper16 June 2020
-
Public forum (online)July 2020
-
Submissions to our consultation paper close21 July 2020
-
Draft decisionSeptember 2020
-
Final decision and price determinationby 25 November 2020
Overview
We have commenced our consultation on the Victorian Default Offer (VDO) prices that electricity retailers may charge domestic and small business customers for the period commencing 1 January 2021.
Our consultation paper proposes to use largely the same approach taken for the 2020 VDO, to estimate the efficient costs of providing retail electricity, for setting VDO prices. In estimating the efficient costs for 2021 we will update our estimates with the most recent data available.
We are seeking stakeholder feedback on our consultation paper, and will hold a public forum (online) in July. General comments and formal submissions on our consultation paper should be made by 21 July 2020 via Engage Victoria.