East Gippsland families and businesses will see further increases in electricity prices, despite Energy Minister, Lily D’Ambrosio repeatedly falsely stating prices will go ‘down, down, down’ in State Parliament.
The Essential Services Commission (ESC) has proposed the new rates for 2025/26 under the Victorian Default Offer.
State Member for Gippsland East, Tim Bull, said the announcement is a direct result of State Government policy and confirms electricity costs continue to increase, putting further pressure on households during a cost-of-living crisis.
“Families and small businesses are already doing it tough, and these price hikes will only add to the financial strain,” Mr Bull said.
Prices will rise by up to $68 for households in some areas, with small businesses facing increases of up to $128.
Electricity prices have surged by almost 30 per cent in recent years and are showing no signs of returning to affordable levels.
Mr Bull encourages locals to do their homework and constantly compare electricity plans to ensure they are getting the best deal.
“Households need to shop around and check what’s available, as some providers may offer better rates.
“In a cost-of-living crisis, every dollar saved counts,” he said.
“Labor’s failure to manage the energy system is costing Victorians, and without a change in approach, power prices will continue to hurt families and businesses.”