AGL to Cut Electricity Prices in Victoria

Following moves from ‘big three’ energy providers Origin and EnergyAustralia, AGL has also announced that some of its Victorian customers can expect cheaper electricity bills next year.

From January 1, 2021, AGL residential electricity customers can expect an average price decrease of about 10%.

This comes after news that the Victorian Default Offer (VDO) – the state’s price cap on electricity prices – is also taking a 10% cut for households.

Origin’s residential plans will be around 11% less expensive on average from the new year and EnergyAustralia’s 6.1%.

However, AGL stands out in its promise to make bills even cheaper on February 1 of the same year.

According to AGL, the average…