May 27th, 2026Lower Energy Prices For Embedded Networks

The state government is mandating lower energy prices for Victorian households and businesses in embedded networks.

Around 174,000 households and 20,000 small businesses in Victoria are in these private energy networks which include apartment blocks, retirement homes, caravan parks and shopping centres.

Many of them are paying higher prices, because they can’t choose their retailer or ‘shop around’ for a cheaper deal.

Indicative savings for electricity alone could be up to $250 per year for households and up to $600 per year for small business.

The lower price will be set following consultation with industry and consumers, to commence on 1 July 2027.

On average, that means savings of $84 for households and $241 for small businesses under the reduced Victorian Default Offer – which is $444 per year cheaper for households and $1299 for small business than the DMO equivalent in SA, NSW and QLD.