The Essential Services Commission, Victoria’s independent economic pricing regulator, has released its final decision and made a Victorian Default Offer price determination to take effect on 1 January 2020.
This has occurred under section 33 of the Essential Services Commission Act 2001 (Vic) in respect of the tariffs which persons licensed to sell electricity in Victoria (retailers) may charge domestic and small business customers during the regulatory period from 1 January 2020 to 31 December 2020 under standing offers made available under section 35 of the Electricity Industry Act 2000 (Vic), or the manner in which such tariffs are to be calculated or otherwise determined.
What we did
In May 2019, the Victorian Government issued an order requiring the Essential Services Commission to make a price determination that regulates all standing offer prices from 1 January 2020.
In July 2019 we released an issues paper and consulted it until August 2019.
We released a draft decision on the Victorian Default Offer setting out the methodology and approach for making a final decision and price determination in September 2019. We consulted on the draft decision until October 2019.
Submissions to our issues paper and draft decision are available on our website.
The release of our final decision and price determination concluded our consultation on Victorian Default Offer prices for the regulatory period 1 January 2020 to 31 December 2020.
Upload a formal submission
As part of making a submission, we need you to provide personal information, such as your name, email address, and postcode. We will use this information to send you updates about this review.
It is our policy to publish all submissions to reviews on the Essential Services Commission website. You can request anonymity by selecting the relevant tickbox.
When we publish a submission, we also include some details about the submitter (your name, not your address). We treat all submissions as public information unless the submitter has asked us to.
We may also collect personal information when you email us with a query. Aside from any exceptions in relevant privacy legislation, we will not use or disclose the information you provide for any purpose other than to progress and respond to your query.
You have the right to access personal information we hold about you by emailing email@example.com. We may ask you to pay a small fee for this. You can also request that we correct your personal information in our records at no charge.
Read more information about our submissions policy.