Jun282019 by Connor JamesNo Comments
Proposed update to the AER Retail Pricing Information Guidelines

Proposed update to the AER Retail Pricing Information Guidelines

AU Energy Compliance
The Australian Energy Regulator (AER) has published its Notice of Draft Instrument – AER Retail Pricing Information Guidelines – version 6 – June 2019. Reason for the changes The purpose of the update is to bring the AER Retail Pricing Information Guidelines’ into line with the Electricity Code and the Default Market Offer (DMO). If you missed our webinar on the DMO, you can view it here. The AER’s objectives of the proposed amendments are to: ensure that the Guidelines continue to serve as a practical mechanism for presenting a broad range of helpful information on energy plans to consumers; remove any areas of potential inconsistency or confusion; and ensure that EME continues to receive updated and relevant information from retailers to meet both the requirements of the Guidelines and…
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Jun242019 by Connor JamesNo Comments
Explicit Informed Consent: What does it actually mean?

Explicit Informed Consent: What does it actually mean?

AU Energy Compliance
Explicit informed consent is a ubiquitous term in the energy industry and is found in the national energy retail rules as well as in the Victorian energy law. The penalties for a retailer failing to obtain explicit informed consent can be significant, but what does the term actually mean? “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. The consequences of non-compliance The Australian Energy Regulator (AER) has taken action against energy retailers who failed to obtain EIC. “In 2015, the Federal Court ordered by consent that EnergyAustralia Pty Ltd (EnergyAustralia) pay penalties of…
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Jun212019 by Connor JamesNo Comments
Final Report on Updating the Regulatory Framework for Embedded Networks

Final Report on Updating the Regulatory Framework for Embedded Networks

AU Energy Compliance
The Australian Energy Market Commission (AEMC) has just released its final report on the embedded networks update. This is a quick update on the core proposals, changes since the draft report and the new implementation timeline. To learn more, sign up for our free webinar on the changes on Friday 28th June at 3pm. By Dr Drew Donnelly, Compliance Quarter Key changes for new embedded networks Most exempt embedded network operators will need to be registered as a new class of network service provider, an ‘Embedded Network Service Provider’. Note, however: Class exemptions will still exist for a small group of ‘Exempt Network Operators’, including operators of some temporary accommodation. These exemptions will require registration. Exemptions for individuals will still be available in special circumstances. Most on-sellers will require authorisation…
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