Steps required to convert an existing site to an Embedded Network

Steps required to convert an existing site to an Embedded Network

AU Energy Compliance
Explicit informed consent is one of the most important concepts in the energy industry. “Explicit informed consent is a key protection and it is critical to ensuring that customers are confident engaging in the energy market,”…“The AER takes any failure by retailers to meet this obligation very seriously, and will take enforcement action in appropriate cases.” – AER Board Member Jim Cox. Today we look at EIC in the context of embedded networks.   By Connor James (Senior Lawyer & Founder) and Anne Wardell (Senior Lawyer & Regulatory Expert), Compliance Quarter.  What is Explicit Informed Consent Explicit informed consent is evidenced by an informed discussion and agreement from the customer where the customer is given the opportunity to ask questions to engage in discussion and to say no. The following…
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The End of Retailers Discounting the Truth?

The End of Retailers Discounting the Truth?

AU Energy Compliance
This week saw the commencement of the AEMC’s rule change ‘putting a stop to pseudo-discount deals that leave consumers worse off.’ Could this be the end of retailers discounting the truth? We take a look. By Connor James, Compliance Quarter. Background Electricity price rises make the news and are constantly a source of political angst for the government of the day. Electricity pricing is made up of a number of components including wholesale costs, network, and environmental charges. The easiest political target in this mix is the ‘retail margin’ meaning the amount made by the retailer for providing the electricity retailing service. On 18 December 2017, Josh Frydenberg MP, Minister for the Environment and Energy submitted a rule change request to the AEMC under the National Energy Retail Law (NERL)…
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