What the increased default market offer means for electricity prices
Grattan Institute
00:00
The DMO and the SEC
The DMO is away, as I've heard from both of you, to constrain prices and make sure they don't exceed a certain level. The idea was to get everybody onto a better deal, and that's what it did. Sometimes people could still find better offers even better than the DMO. Is there a better way of doing this well? At the time the Victorian version of the DMO was introduced, it's called the Victorian Default Offer. There was a consideration at the time of maybe it would be easier to have a government-owned retailer who would offer a no-frills, no-extras offer similar to the D MO. It seems to me that's
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