'Default Offer' prices put a cap on what retailers can charge for their standing offers, plus set the benchmark for discounting. Here's everything you need to know
Richard Foxworthy is the founder of Bill Hero. He's been analysing Australia's retail energy, gas, telco and fuel markets since 2018, building comparison tools that help households find better deals and switch to cheaper providers.
Default electricity prices are getting a welcome shake-up in 2026-27, with the Australian Energy Regulator announcing meaningful price reductions across multiple states. If you're on a default offer or considering your options, these changes could put real money back in your pocket.
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