Energy Networks Australia (ENA) welcomes the Victorian Government’s commitment to securing gas supply, driving down energy bills, improving home efficiency standards and supporting Victorian business. 

Under the updated energy plan released today, the Government has confirmed that there will be no changes to heating for owner occupiers – a move ENA said will help avoid spiking electricity wholesale prices during winter demand peaks.

ENA CEO Dominique van den Berg said:

“Our modelling shows that the wholesale cost of electricity would have gone up for all Victorians – homes and businesses – if they were forced to switch from gas too soon.

“This is a sensible recalibration. It gives the industry time to plan for the changes and for households to consider electrification solutions that make sense for them – without creating sudden and unexpected cost burdens for everyone.

“Energy networks support decarbonisation, but the pace and sequencing of reform matters. This new plan better recognises the complexity of the transition and the diverse needs of Victorians.

“We look forward to continuing to work collaboratively with the Victorian Government on the implementation of this policy.”

Read ENA’s Victoria’s Power Shift report here