Energy is essential to our daily lives, and a core cost for people contacting the National Debt Helpline
Energy is essential to our daily lives, and a core cost for people contacting the National Debt Helpline (NDH).
Energy is one of the core expenses in the household budget, and is essential to a liveable home and dignified life. Average energy prices have nearly tripled over the last 20 years alongside food and housing costs.
In 2022, the Australian Competition and Consumer Commission found the default market and Victorian default offer prices increased by approximately 23%, with projections that this will increase further.
Victorians contacting the NDH are in the highest levels of energy debt since we began reporting on this in 2019.
For people struggling with energy costs, you don’t have to do it alone. Call a financial counsellor like Kane, who will give you free, unbiased advice. 1800 007 007.
ENDS
Media contact: Mark Pearce, Media and Communications Adviser, 0413 299 567, media@consumeraction.org.au
