Find out about our final decision and price determination for Victorian Default Offer prices that apply from 1 January 2020.
Victorian Default Offer price review 2020
- Issues paper23 July 2019
- Issues paper consultation close12 August 2019
- Draft decision20 September 2019
- Draft decision consultation close17 October 2019
- Final decision and price determination25 November 2019
Overview
Our final decision and price determination for the Victorian Default Offer came into effect on 1 January 2020.
Made under section 33 of the Essential Services Commission Act 2001 (Vic), this price determination applies to the way standing offers, under section 35 of the Electricity Industry Act 2000 (Vic), are calculated or otherwise determined.
It applies to the tariffs (prices) licensed retailers who sell electricity in Victoria can charge domestic and small business customers during the regulatory period (1 January 2020 to 31 December 2020).
Prices from 1 January 2020 to 31 December 2020
The below prices apply for the Victorian Default Offer for the period 1 January 2020 to 31 December 2020.
The Victorian Default Offer includes a daily supply charge as well as a usage charge (per kilowatt hour). Differences in tariffs across distribution zones reflect the unique costs of providing electricity services in each area.
Default offer for domestic customers (GST inclusive)
|
Distribution zone |
Supply charge ($ per day) |
Usage charge structure |
Usage charge ($ per kWh) |
Usage Charge controlled load ($ per kWh) |
|---|---|---|---|---|
|
AusNet Services |
$1.1408 |
Block 1 (up to 1020kWh used in a quarterly period) Block 2 (balance of usage in a quarterly period) |
$0.3072 $0.3272 |
$0.2230 |
|
CitiPower |
$1.1309 |
Anytime |
$0.2517 |
$0.1954 |
|
Jemena |
$1.0431 |
Anytime |
$0.2787 |
$0.2086 |
|
Powercor |
$1.2619 |
Anytime |
$0.2640 |
$0.2008 |
|
United Energy |
$0.9236 |
Anytime |
$0.2927 |
$0.2080 |
Default offer for small business customers with consumption less than 40 MWh per year (GST inclusive)
|
Distribution zone |
Supply charge ($ per day) |
Usage charge structure |
Usage charge ($ per kWh) |
|---|---|---|---|
|
AusNet Services |
$1.1408 |
Block 1 (up to 1020kWh used in a quarterly period) Block 2 (balance of usage in a quarterly period) |
$0.3407 $0.3795 |
|
CitiPower |
$1.3386 |
Anytime |
$0.2667 |
|
Jemena |
$1.1816 |
Anytime |
$0.2904 |
|
Powercor |
$1.3898 |
Anytime |
$0.2619 |
|
United Energy |
$0.9863 |
Anytime |
$0.3004 |
From 1 January 2020 the Victorian Default Offer price determination covers all standing offers, including those based on time-of-use, demand, and flexible tariff structures – broadening the Victorian Default Offer to provide a safeguard for all standing offer customers.
More information on the framework we have used to establish the Victorian Default Offer for other types of standing offer tariffs is contained in the final decision paper.
Find out more
Resources
Final decision and price determination
Draft decision
Submissions to draft decision
Issues paper
Submissions to issues paper
Public forums
27 August 2019
Our first forum for energy industry stakeholders on 27 August 2019 covered the retail market review, the Victorian Default Offer, the Electricity Distribution Code review and protections for life support customers. Use this page to review summaries of each session and download related presentations and other useful resources.
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