Insurance & Utility Setup

DMO / DRR

Default Market Offer / Default Retailer Rate

The maximum reference electricity price set by the AER for customers who haven't actively chosen a plan.

The Default Market Offer is a price cap set annually by the Australian Energy Regulator that limits what retailers can charge customers in NSW, SE QLD and SA who haven't actively chosen a plan. Victoria has its own version called the Victorian Default Offer (VDO). If you move into a property without choosing a retailer or plan, you'll usually be charged the local DMO — which is rarely the best available rate. Always compare and switch within a few weeks of moving in.

Verified against
aer.gov.au
Last reviewed
May 2026

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See the full glossary → 91 Australian first home buyer + homeowner terms, organised by category