We are in the process of setting the Victorian Default Offer prices to apply from 1 July 2025 to 30 June 2026.
Victorian Default Offer price review 2025–26
- Request for comment paper28 November 2024
- Submissions close24 December 2024
- Draft decisionEarly March 2025
- Public forumMid March 2025
- Submissions closeEarly April 2025
- Final decisionBy 23 May 2025
- New prices in effect1 July 2025
Overview
Overview
We are responsible for setting and annually reviewing the Victorian Default Offer prices. The default offer is designed to be a simple, trusted and reasonably priced electricity option that safeguards customers who are unwilling or unable to engage in the market.
We are in the process of setting the Victorian Default Offer prices to apply from 1 July 2025 to 30 June 2026.
The Essential Services Commission is reviewing the prices for the 2025-26 Victorian Default Offer for electricity. We want to hear your views on how we set these prices.
Have your say
We are seeking submissions on our request for comment paper on the 2025-26 Victorian Default Offer. We will consult on this paper until 24 December 2024.
We consider our overall methodology used when determining the Victorian Default Offer is sound, and the purpose of this paper is to seek stakeholders' views on areas of further refinement.
We have listed specific topics that we are seeking comment on which are set out in the request for comment paper and survey on Engage Victoria. We welcome submissions on how we approach each cost component if you would like to make comment on our general methodology or other areas.
You may provide your feedback by:
- providing comments in the Engage Victoria Survey;
- providing a submission document/s
You can upload your submission via Engage Victoria or send it to us via the below contact details:
- Email: VDO@esc.vic.gov.au
- Mail: Essential Services Commission, Level 8, 570 Bourke Street, Melbourne Victoria 3000
You can also call us on 03 9032 1300 to discuss your options.
If English is not your first language, please contact TIS National on 131 450 to make your submission using an interpreter.
Submissions close at 5pm on Tuesday 24 December 2024.
Next steps
We will summarise any feedback on our request for comment paper in our draft decision paper and use the feedback to inform our draft and final decisions.
We plan to release a draft decision in early March 2025 followed by an online public forum. More details on the public forum including how to register will be provided closer to the event.