The State Electricity Commission (SEC) of Victoria has launched a suite of new renewable energy products to help businesses cut energy costs and reduce emissions.
Earlier this month, the SEC said that it is giving Victorian businesses access to a range of 100 percent renewable electricity solutions, all backed by its own portfolio of renewable generation and storage.
These include fixed-price, multi-period time-of-use solutions that reward customers for using electricity when renewable energy is abundant and wholesale prices are lowest.
SEC’s offering also includes power purchase agreements and other retail solutions that enable customers to lock in longer-term renewable energy supply contracts.
To complement these solutions, the SEC said it is developing a Virtual Power Plant that rewards customers for reducing energy use during peak periods, shifting demand and optimising on-site assets such as rooftop solar and battery storage.
The new suite of products is being delivered by an expert team with capabilities across retail, wholesale and distributed energy markets.
Since launching into the retail electricity market on 1 July 2025, the company says that it has retailed 100 percent renewable electricity to more than 4300 Victorian government sites.
It claims to now service around five percent of Victoria’s total electricity use, powering schools, hospitals and much of the state’s transport network.
“Unlike traditional energy retailers, success for SEC is working with our Victorian business customers to not only transition to renewable energy, but ultimately optimise energy consumption, lowering energy costs and building resilience over time,” SEC general manager customer Suzanne Retschko said.
“At SEC, we don’t just offer off-the-shelf products. We work with our business partners to understand how their site operates, where energy is used and what matters to their business – cost, resilience and sustainability.”
A recent example of where the SEC has stepped in to support renewable electricity to businesses is at Latrobe Regional Health, the largest hospital in Gippsland. That facility serves over 290,000 residents from a catchment spanning from West Gippsland to Mallacoota. It has the largest solar system on a hospital in Victoria, with the 1.4-megawatt system – nearly 3700 PV panels – generating 1.5 million kilowatt (kW) hours of renewable electricity each year, enough to power 250 homes. The site has recently expanded this further with an additional 400kW system.
Image: Julian Varon, Unsplash
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