The Default Market Offer (DMO) is an electricity tariff set by the AER from 1 July 2019 and applies to NSW, SA and parts of QLD.
The DMO was introduced to the energy market to ensure customers have a more clear comparison between electricity plans within the market, acting as a "price cap" for customers and ensuring there is a mint price that retailers can charge customers. The reference price will depend on your distribution zone and provide you a yearly estimate amount when comparing plans.
We know that there may be a lot of information to take in, so if you don't find the answer to your question below, we'll be happy to chat with you.
Who does the DMO apply to ?
The Default Market Offer has replaced all "standing offers" in New South Wales, South Australia and South East Queensland. It applies to eligible small businesses or residential customers.
The Default market offer does not apply to:
- Customers on a market offer
- Time of use tariffs
- Small business accounts with a controlled load
- Victorian customers
Does the DMO guarantee that I will be on the cheapest deal?
Not necessarily. While the purpose of the DMO is to make energy more affordable, this does not mean its the cheapest offer available. It is still cheaper then most existing standing offers.
Does the DMO apply to gas?
No, the DMO offer applies to electricity accounts only.