Victorian Default Offer price review 2026–27

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 electricity market. 

We have made our draft decision based on what we heard in the submissions to our Request for Comment Paper, as well as the latest data and information.

How cost components may change under our draft decision

Changes in the average Victorian Default Offer annual bill by cost component, for domestic customers with an annual usage of 4,000 kWh, nominal $

Changes in the average Victorian Default Offer annual bill by cost component, for small business customers with an annual usage of 10,000 kWh, nominal $

Have your say

We want to hear from you on our 2026–27 Victorian Default Offer Draft Decision Paper. We will consult on this paper until 5 pm Friday, 10 April 2026.

You can provide your feedback through a submission document/s and/or general comment by filling out the survey form on the Engage Victoria website.

Or you can send your submission to us via:

• 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 you need a language interpreter to assist with your submission, please call TIS National on 131 450 and ask them to call the Essential Services Commission on 1300 664 969 (charge free) or (03) 9032 1300.

Online public forum

We held an online public forum on the 2026–27 Victorian Default Offer Draft Decision Paper on 23 March. We thank all parties and individual who took part in our forum.

You can view the recording of this forum under the 'Resources' tab on this page. 

Comments shared in the forum are not formal submissions. Please follow the instructions above about how to make your submission. 

Next steps

Submissions to our Draft Decision Paper will close at 5 pm on 10 April 2026.

We will consider all submissions and feedback in making our final decision by late May 2026.