In VIC, the Standard Offer is called Victorian Default Offer (VDO). VDO is the electricity standard offer available for both residential and business customers in Victoria. The Victorian state government introduced the VDO on 1st July 2019 which aims at providing more affordable electricity prices to the public.
The VDO prices are set by the Victorian Essential Services Commission (ESC) and these regulated default prices will change yearly.
Note: The gas standard offer prices are not governed by VDO. Energy companies are free to set reasonable supply and usage charges for the gas standard offers.
