We are reviewing the Victorian Default Offer prices to apply from 1 January 2022 for customers on electricity standing offers.
Victorian Default Offer price review 2022
Consultation paper14 May 2021
Public forum20 May 2021
Submissions close (2022 price matters)16 June 2021
Draft decisionSeptember 2021
Final decision25 November 2021
We are responsible for setting, and annually reviewing, the Victorian Default Offer (VDO) prices. The default offer is designed to be a simple, trusted and reasonably priced electricity option that safeguards customers that are unwilling or unable to engage in the market.
We are consulting on the next step for the Victorian Default Offer
We have released a consultation paper and would like to seek your views on our approach for the next default offer price determination to apply from 1 January 2022.
We propose using largely the same approach as that used to set the 2021 default offer.
Variation to the 2021 default offer
The consultation paper also addresses a variation to our November determination on the 2021 default offer. This variation is required to account for changes to network tariffs applying from 1 July 2021.
We sought feedback on our approach to the variation. Please note this is a separate consultation process - refer to the Victorian Default Offer price review 2021 page for details.
This is covered in the same paper because our approach to reflecting network tariff reform may impact on the process and issues for our 2022 determination.
Have your say
We invite you to make submissions in response to our proposed approach to setting the 2022 Victorian Default Offer.
Both general comments and formal submissions to our consultation paper should be made by 5pm 16 June 2021.
Visit our Engage Victoria page to make a submission.
For information on the consultation process for the 2021 default offer variation, visit the Victorian Default Offer price review 2021 page.
Our public forum on 20 May 2021 provided an opportunity for interested stakeholders to express their views and raise questions about our proposed next steps for the Victorian Default Offer.
View a recording of the video or download the presentation slides below. We have also provided answers to questions raised during the session.