Tuesday, 27 May 2025

Ministers statements: State Electricity Commission

Lily D’AMBROSIO (Mill Park – Minister for Climate Action, Minister for Energy and Resources, Minister for the State Electricity Commission) (14:18): This morning I was absolutely delighted to announce with the Premier that the SEC will power the Victorian government with 100 per cent renewable electricity. 4346 schools, hospitals, police stations, trains, trams and more will be powered by the SEC, a publicly owned entity, from 1 July, and every Victorian will benefit from this because the SEC is on the side of Victorians. SEC profits will be invested back into building more renewables right here in Victoria, not sent to private shareholders overseas.

As we know, the more renewables we build, the cheaper power prices will be for every single Victorian. It is why our electricity wholesale and retail electricity prices are the lowest in the country. Victorians pay less on their bills because of our renewable energy investments, and just yesterday the Victorian default offer showed itself to be $431 less than the default market offer in other states. And the SEC projects are creating jobs. More than 1100 people have worked at the Melbourne renewable energy hub in Plumpton, and more than 246 full-time roles will build the SEC renewable energy park in Horsham.

The SEC will be powering every corner of our state with cheap renewable electricity, from health services in Hastings to schools in Sydenham, water supply in Wendouree, trains in Thomastown, right here at Parliament House and the icons of our city and our great state, like the John Cain Arena, Flinders Street station and the Melbourne Zoo. Our government is focusing on what matters most to Victorians, driving down their energy bills, helping with the cost of living, delivering the renewable energy transition and delivering 67,000 jobs in the energy sector by 2040. We are on the side of families, powering Victoria for Victorians with the SEC.