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ABC News
ABC News
Business

Power price regulator urged to reconsider 30 per cent increase to Victorian Default Offer

Shahabuddin Ahmmed is feeling the squeeze of the rising cost of living. (ABC News: Jesse Thompson)

Victoria's energy sector regulator is being urged not to go ahead with a change that could drive up power bills across the state, which social service groups fear could plunge thousands of people into poverty.

The Essential Services Commission (ESC) is consulting on its proposal to raise something called the Victorian Default Offer — an independently set power price that acts as a benchmark for the rest of the market — by about 30 per cent in the next financial year.

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