
Report: Forced Electrification May Raise Victoria’s Energy Costs
Feb 28
1 min read
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New Study Warns of Higher Bills & Grid Pressure
A new report by Energy Networks Australia (ENA) warns that mandatory electrification in Victoria could cost households an extra $22 billion in power bills over the next 20 years.
Key Findings
💰 Higher electricity costs due to increased grid demand
⚡ Strain on energy supply during peak usage times
🌱 Minimal emissions reduction in the first five years
Expert Insights
ENA CEO Dom van den Berg cautioned against a rushed transition, emphasizing the need for more renewable energy & storage capacity before phasing out gas.
🗣 “A balanced approach—voluntary electrification & renewable investment—is key to avoiding financial strain on households.”
What’s Next?
ENA has submitted these concerns to the Victorian Government’s Building Electrification Regulatory Impact Statement process to advocate for smarter energy policies.
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