Vic power, gas markets under microscope

Victoria's gas and electricity prices will be put under the microscope with a review into the sector announced.

Victoria's electricity and gas prices are set to be scrutinised.

A review of the markets will look at what stops customers from getting better deals and whether the state government needs to take action to improve the sector.

Former MPs John Thwaites and Terry Mulder will lead the review, , the Andrews government announced on Tuesday.