On Tuesday 24th May 2022 the Essential Services Commission (ESCV) for Victoria released this finding for the Default Market Offer (DMO) for Victorian electricity consumers:
This was two days earlier than the AER did for consumers in other NEM regions … but also past the Saturday 21st May 2022 federal election day.
The ESCV noted that:
‘Around seven per cent of households and 16 per cent of small businesses are on the Victorian Default Offer. On average, annual bills for households on the default electricity offer will increase by $61 (or around five per cent), with a rise of around $270 for small business customers (also around five per cent). ’