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Energy Retail Code of Practice

This code of practice sets out the rules electricity and gas retailers must follow when selling energy to Victorian customers.

Overview

This code of practice sets out the rules electricity and gas retailers must follow when selling energy to Victorian customers.

It covers areas including:

  • customer contracts
  • billing disputes
  • payment difficulties
  • contents of bills.

We review and amend the code to reflect legislative and statutory requirements, and to make sure it meets changing requirements.

This page allows you to access amendments that are yet to commence and past versions of the code.

Related guidelines and guidance can be found on the 'Energy guidelines' webpage.

Current version of the Energy Retail Code of Practice

Overcharge threshold

Pursuant to clause 71(8) of the Energy Retail Code of Practice, the commission is required to publish the current overcharge threshold on its website.

The current overcharge threshold is $50.

The commission may from time to time set a new overcharge threshold after consultation with retailers and relevant stakeholders.

Median prices of gas market offers

From 1 July 2026, retailers should consider median market offer prices alongside other factors when determining a reasonable price for gas for customers on older contracts under clause 120B(4) of the Energy Retail Code of Practice. We will publish the data to support this below quarterly.

Reviewing the Energy Retail Code of Practice

We are reviewing the Energy Retail Code of Practice in two stages to:

  • address key actual or potential harms to Victorian consumers
  • clarify or update obligations identified as unclear or inconsistent
  • advance our Getting to Fair: Advancing Equity strategy by further supporting consumers experiencing vulnerability.

We published our final decision on the Energy Consumer Reforms review on 30 September 2025.

We released our consultation paper on stage two of the review on 24 March 2026.

Previous versions

Previous versions of the Energy Retail Code

On 1 December 2021 the Energy Retail Code was deemed a code of practice made under Part 6 of the Essential Services Commission Act 2001. Below are the versions of the Energy Retail Code that were applicable prior to this change of legal status of the code.

12 March 2012

Updated