Australian electricity tariffs differ considerably across states due to variations in energy production, network expenses, and government regulations. On average, Victoria often experiences lower electricity costs, whereas South Australia and the Australian Capital Territory typically face higher prices.
Australia has a mix of regulated and deregulated electricity markets. Western Australia (WA), the Northern Territory (NT), and regional/north Queensland (QLD) have government-controlled tariffs.
In South Australia (SA), South East QLD, New South Wales (NSW) and the ACT, electricity tariffs are all deregulated, allowing plan comparison but these states do havve government-regulated Default Market Offer (DMO). The default market offer is the highest price that energy retailers can bill residential and small business customers on a standard plan or standing offer.
Tasmania (TAS) is also deregulated but with limited retailer options.
Victorian electricity has a unique standing offer called the Victorian Default Offer (VDO), protecting residential and small business customers by providing a fair-priced energy option for those who don’t want to delve into the energy market. Similarly, the Essential Services Commission sets an annual minimum solar feed-in tariff for customers. VIC also has two types of time of use tariffs (known as peak and off-peak and the flexible pricing tariff) that can be offered by electricity retailers.
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