More than 300,000 Victorians struggling with cost-of-living pressures are set to receive relief from July 1 after the state's independent regulator announced its final decision on the default market offer.
Victorians struggling with cost of living pressures are set to receive some relief after the state's Essential Services Commission reduced the price of the default electricity price. Picture: Roni Bintang/Getty Images. “It's really important in this cost of living crisis that people shop around and look for the best deal that they can,” Ms Sheppard said.
Ms Sheppard also encouraged people to double check if they are on their retailer's best offer, or are eligible for additional relief. The Commission CEO said people should look into what they were paying each year, insisting “half an hour will save you money – it’s worth doing”. “You might remember with the events in Ukraine, we saw a real spike in the wholesale electricity prices. So that flowed through to Victorian retail prices in the last couple of years,” she said.
Energy Energy Latest News, Energy Energy Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: SkyNewsAust - 🏆 7. / 78 Read more »