ALP wins Victoria in a landslide

27 Nov 2018

The Labor party has won the Victorian election, with what many are calling a win for renewables and Labor’s energy policy.

This is expected to herald in some big changes for Victoria’s energy networks. Premier Daniel Andrews had previously announced ” the biggest regulatory shake-up of the energy sector in Victoria’s history by providing stronger punishments for retailers who do the wrong thing and better protections for customers”

The list of promises made by the Andrews government includes:

  • create up to 50 new jobs in the Latrobe Valley with a new government agency, Solar Victoria, to be based in Morwell.
  • announcing the new Solar Homes program, where Victorians will be able to install a solar panel system for half price and pay the rest of the cost back over four years with an interest-free loan.
  • Victorian households can replace their old hot water system with a new solar system and get $1,000 back off the cost via a rebate.
  • provide half price solar batteries for 10,000 Victorian households that already have solar panels
  • Labor is supporting all 11 recommendations of the Independent Review of the Electricity and Gas Retail Markets in Victoria, which found that intervention was required to make the system fairer for customers and recommended a range of measures to help cut power prices.

With the projects already underway to build new generation (see our story here), there’s plenty of changes to come in Victoria.