$1 billion in the budget for State Electricity Commission

The SEC is coming back in the 23/24 budget. Picture: ON FILE

The Victorian Government is attempting to drive down power bills and invest in renewable energy options through the return of the State Electricity Commission (SEC).

$12 million is being invested to develop new VET qualifications, fund a business case for the SEC Centre of Training Excellence and deliver on the Victorian Energy Jobs Plan to map out the jobs needed and prepare the workforce to get those jobs done.

They will also invest $10 million in a Hydrogen Energy Worker Training Centre, $6 million for a Wind Worker Training Centre and $20 million to keep working towards Victoria’s world-leading emission reduction targets of 75‑80 per cent by 2035.

“We’re doing what matters for Victorians: bringing back the SEC to kickstart renewable energy investment, drive down power bills, tackle climate change and create thousands of jobs,” said Minister for Energy and Resources, Climate Action and the State Electricity Commission Lily D’Ambrosio.

Locally, Healesville had been selected for $130,000 in local renewable energy technology.

100 new neighbourhood batteries are being delivered across the state, at a cost of $58.2 million.