Understanding Victoria’s energy transition and how you can benefit.
On this page:
Energy powers almost every part of daily life – from work and learning to travel and leisure. With a flick of a switch, we have light, heating, cooling and connection.
Victoria’s energy transition is about moving away from ageing coal and gas power to renewable energy like solar and wind. It also includes upgrading the energy system to keep it reliable, affordable and ready for the future.
This transition is happening because coal-fired power stations are nearing end of life and will soon close, gas supplies are declining, and we need to respond to the growing impacts of climate change, like more extreme weather.
To meet these challenges, Victoria is modernising how energy is generated, delivered and used — including investing in renewable energy, strengthening infrastructure and improving how the energy system operates.
Over time, this will deliver lower energy costs, more reliable supply, and a more resilient energy system for households.
For households, this means:
lower energy bills over time
more reliable energy supply
an energy system that is better prepared for extreme weather.
A new guide to help you understand Victoria’s energy transition
Your Energy, Your Savings: Understanding Victoria’s energy transition and how you can benefit will help you understand:
what’s changing in Victoria’s energy system – and why
what this means for your household
how to reduce your energy bills and get support if you need it.
An accessible version of the guide will be available shortly.
Key highlights
We’ve highlighted key parts of the guide below to help you quickly get information about the energy market, manage your energy bills, find better deals and make confident choices.
There are simple actions you can take right now to reduce your energy costs and avoid paying more than you need to. See pages 2 - 7 of the guide.
Cost of living pressures can affect anyone. A range of programs and services are available to help households stay connected and manage energy costs. See pages 8 - 13 of the guide.
Support if you’re struggling to pay
If you’re finding it difficult to pay your bills, you can access support services to help you stay connected and manage your payments.
As Victoria’s energy system changes, households will have more opportunities to reduce costs and take control of how they use and manage energy. See pages 14 - 29 of the guide.
Renewable energy and lower costs
Solar and wind are now among the lowest-cost forms of energy generation, helping to make energy more affordable over time.
