Victorian Default Offer definition
Victorian Default Offer means any offer to Supply electricity to a Supply Address located in Victoria that is subject to a regulated price pursuant to the Order in
Examples of Victorian Default Offer in a sentence
We will notify you prior to the end of the current Minimum Period that this Market Contract will terminate and the supply of electricity will continue under a Standard Retail Contract (in accordance with any Regulatory Requirements including, but not limited to, the Victorian Default Offer or Default Market Offer as applicable), unless you accept and agree to enter into a new retail electricity agreement with us.
Standing offers for electricity in Victoria are required to comply with prices set by the Essential Services Commission and known as the Victorian Default Offer.