Renewable energy is gaining serious momentum, and the shift is starting to pay off in ways that matter most to households.

A new milestone in the clean energy transition is already delivering benefits, with many residents beginning to notice a welcome drop in their power bills.


According to the Victorian government, more than 42 per cent of the state’s electricity now comes from renewable sources like wind and solar.

That’s not just a record for Victoria—it’s a figure that puts the state well ahead of its own target of 40 per cent by the end of 2025.


In fact, Victoria is now leading the charge when it comes to clean, green energy in Australia.

Minister for Energy and Resources Lily D’Ambrosio was quick to highlight the benefits:

‘Our focus is on delivering cheaper power bills for Victorian families—helping to cut the cost of living and put more money back in the pockets of Victorian families,’ she said. And the numbers back her up.


Thanks to this surge in renewable energy, Victorians are now paying the lowest wholesale electricity prices in the country.

Last year, the average wholesale price for energy in Victoria was $107 per megawatt hour. To put that in perspective, here’s how the other states stacked up:

• New South Wales: $151 per megawatt hour
• South Australia: $138 per megawatt hour
• Queensland: $127 per megawatt hour
• Tasmania: $115 per megawatt hour

That’s a significant saving, especially as energy prices have been a hot topic across the country.

Victoria’s renewable energy boom isn’t happening by accident. The state now boasts more than 90 renewable energy projects, which have added nearly seven gigawatts of clean energy capacity to the grid.

And there’s more on the way—another 50 gigawatts’ worth of projects are either proposed or already in the pipeline.


Once these projects are up and running, the government estimates they’ll be able to power a whopping 574,000 households every year. That’s a lot of homes running on sunshine and wind!

Solar panels are playing a big part in this green revolution. Last financial year, solar contributed 11 per cent of Victoria’s total energy needs.

With more and more households and businesses installing rooftop solar, that number is only expected to grow.

For seniors and families alike, lower wholesale prices can translate to real savings on your energy bills.

While wholesale prices aren’t the only factor in your final bill (there are network charges, retail margins, and other costs), a drop in the wholesale price is a strong sign that things are moving in the right direction.

Plus, with the state government’s ongoing investment in renewables, there’s hope that prices will stay competitive—and maybe even drop further—as more projects come online.

Victoria’s success is part of a broader shift happening across Australia and the world. As more states invest in renewables, we’re seeing not just environmental benefits, but economic ones too.

Clean energy means less reliance on expensive fossil fuels, more local jobs in construction and maintenance, and a more resilient power grid.

For those of us who remember the days of coal-fired power stations dominating the landscape, it’s a remarkable transformation.

And it’s one that’s putting money back in the pockets of everyday Aussies.

If you’re interested in taking advantage of the renewable energy boom, there are a few things you can do:

• Consider solar panels: Many councils and state programs offer rebates or incentives for installing solar on your home.
• Shop around for energy deals: With wholesale prices dropping, it’s a good time to compare providers and see if you can get a better deal.
• Stay informed: The energy market is changing fast, so keep an eye out for new programs, rebates, and opportunities to save.

Have you noticed a change in your energy bills lately? Are you thinking about going solar, or have you already made the switch? Share your experiences, tips, and questions in the comments below.

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