The 2022-23 Victorian Default Offer review
Recently we wrote an article about the draft AER 2022-23 Default Market Offer. A parallel process is taking place in Victoria, and on 15 March 2022 the Essential Services Commission (ESC) released their draft decision about the Victorian Default Offer (VDO). Submissions are open until 12 April 2022 with the release of the final decision in May, and decision to take effect from 1 July 2022. The ESC will hold a public (online) forum for those interested on 31 March 2022. About the VDO The ESC is responsible for setting the VDO prices, which is a set independent electricity price. While the VDO’s objective is to provide a reasonably priced option, it may not always be the cheapest option. It is useful as a reference point for consumers but they…