Victorian energy news: bills to be easier to understand and compare from July 1

In addition to automatically lower prices for customers on standing offers, new regulations in Victoria are set to make electricity bills easier for customers to read and understand from 1 July 2019. Here's what you need to know about changes to the Victorian Energy Retail Code and how they will affect your energy bill if you live or have a business premised in the state.

Final Advice on Victorian Default Offer Released

The Victorian Essential Services Commission (ESC) has released its final advice to the state government on the Victorian Default Offer (VDO) set to take effect from July 1 this year. Here's what you need to know about the changes and their impact on retail energy prices in Victoria.

1 July 2019 Energy Price Changes

Australia's major energy retailers in New South Wales, Queensland and South Australia will be updating their electricity and gas price tariffs on 1 July. See how the price will change for your energy provider here.

What will the Coalition's election win mean for energy in 2019?

In a surprise win by the Morrison government at Saturday's federal election, Australian businesses and households will be looking at how the Coalition government plans to tackle energy policy in the wake of a decade of prices rises. Here's what we can expect to see from energy policy in 2019.

AER says "Market offers are almost always cheaper than the DMO"

New Default Market Offer (DMO) energy prices are one of the biggest shake ups to Australian retail energy market in recent years - the result of regulatory pressure on retailers to reduce prices and cut the 'loyalty tax' imposed on Australian households and businesses.

Will regulated default electricity prices be a win for energy customers?

The Federal Government has announced plans to reduce electricity rates paid by small business and household customers stuck on 'excessive' standing offer plans. However questions are emerging whether a new regulated 'Default Market Offer' (DMO) set to replace standing offers may create less price competition in the retail energy market and leave some customers worse off.

Can The Energy Charter deliver on more affordable electricity prices?

Last year, trust and public confidence in energy companies reached a record low. According to a 2018 AEMC report, only 39% of Australians said they trusted their energy company, compared to 50% in the previous year.

Lower electricity prices for 39,000 small businesses in 2019, but greater savings still found by shopping around.

Following pressure from the federal government, small business energy customers on 'standing offers' coming up for expiry across a range of leading energy retailers will benefit from lower electricity rates starting from 1 January 2019. Yet these customers will continue to overpay and be slugged with a 'loyalty tax' by not shopping around.

AGL customers on highest rates will receive a 10% discount from January 1

Over 150,000 AGL customers who have been on standing offers for over a year will have their electricity rates automatically reduced by up to 10% from January 1, 2019.

Opinion: what does 'fair-dinkum' energy really mean?

With a Twitter feud raging over the definition of 'fair dinkum' energy policy, it has been interesting to observe the lack of attention on the role of private sector innovations. As CEO of Australia's leading SME focused energy broker, I would like to set the politics of energy aside and instead outline how our company is helping Australian businesses save costs, reinvest in their operations and pass savings onto the consumer.