Victoria: Gas

Victoria: Gas

  Category Measure Period 2014 review 2015 review 2016 review 2017 review 2018 review 2019 review source
VIC
Market characteristics Number of customers As at end of previous financial year 1.9m (AEMO data) 1.9m 1.95m 1.98m 2.02m AEMC analysis, Essential Services Commission data
Number of retail brands / businesses As at end of previous calendar year 8/8 10/9 12/11 14/12 17/15 AEMC analysis, AEMO data
Independent rivalry Market concentration (HHI) As at end of previous financial year 2390.00 2212.00 2053.00 1,953 1,873 1564.00 AEMC analysis, AER data
Market share of Big 3 As at end of previous financial year* N/A 0.82 0.72 70% 68% 62.00% AEMC analysis, AER data; Victorian Energy Market Report
Customer activity Small customers on market offers As at end of previous financial year 0.72 0.75 Residential: 91% Small business: 82%   ESC Comparative Performance Report, Customer Service; Victorian Energy Market Report
Competitive retail prices Range of bill outcomes- AusNet Services February and March of the review year       $559-$1,015 ($456 difference) $962-$2,371 ($1,409 difference) $1,148-$2,370($1,222 difference) AEMC analysis, Victoria Energy Compare website
Range of bill outcomes- Australian Gas Networks area       $600-$1,041 ($441 difference) $1,069-$2,606 ($1,537 difference) $1,235-$2,606 ($1,370 difference)
Range of bill outcomes- Multinet gas       $606-$962 ($356 difference) $957-$2,236 ($1,279 difference) $1,223-$2,235 ($1,012 difference)