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) |