The Details of the Detailed Design: National Energy Guarantee and Qualifying Contracts

The Details of the Detailed Design: National Energy Guarantee and Qualifying Contracts

AU Energy Compliance
What will be the practical impact of the National Energy Guarantee (NEG) on retailers? When we first discussed the NEG, the nuts-and-bolts hadn’t been filled in[1]. However, with the release of the draft ‘Detailed Design’ (the draft design) in June, the picture for retailers is becoming a lot clearer.[2] By Dr Drew Donnelly, Regulatory Specialist, Compliance Quarter. Unfortunately, nearly all of the media attention thus far has been focused on political squabbles rather than the real-world implications for energy businesses. Furthermore, various important aspects of the NEG have changed between the last consultation round, on the ‘high-level’ design, and the current round. As the consultation on the draft design will end very shortly (13 July 2018), it’s worth taking a look at a NEG element which may impact more on…
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