Review of the AER’s Network and Retail Exemption Guidelines

Review of the AER’s Network and Retail Exemption Guidelines

AU Energy Compliance
#Embedded #AER On 18 May 2021, the Australian Energy Regulator published a consultation paper concerning a review of the AER's (Retail) Exempt Selling Guideline and Electricity Network Service Provider - Registration Exemption Guidelines. The consultation paper was published as a result of the review commenced in February 2021 into each of those respective guidelines. The stated objectives of the AER's review include to improve the clarity and readability of exemption requirements, to streamline the Network Exemption Guideline and to remove redundancies, to clarify concepts such as own, control, and operate, to introduce new standardised statements where information requirements need to be met, and to improve consistency between the two guidelines. Clearly, this review being conducted by the Australian Energy Regulator is of significant importance to all exempt and authorised retailers…
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Essential Services Commission consultation paper on variation to the 2021 default offer

Essential Services Commission consultation paper on variation to the 2021 default offer

Uncategorized
#Victorian #Embedded #Retailers On 14 May 2021, the Essential Services Commission of Victoria announced that it had kicked off its next review into the Victorian Default Offer (VDO) and that it was seeking feedback from consumers and the energy industry before issuing a decision later in the year. The Essential Services Commission has released its consultation paper on variation to the 2021 default offer. The Essential Services Commission notes that the variation is required to account for changes to network tariffs applying from 1 July 2021. The consultation paper itself notes that the VDO was introduced by the Victorian government to regulate standing offer prices for electricity in Victoria commencing on 1 July 2019. Standing offers are contracts that electricity retailers are obliged to make available to domestic and small…
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AER Approves Network Tariffs

AER Approves Network Tariffs

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#ExemptSuppliers, #AuthorisedRetailers On 14 May 2021, the Australian Energy Regulator announced that it had approved distribution tariffs for distributors in various states including New South Wales, South Australia, and Queensland. Electricity bills are made up of a number of components which include wholesale cost, retail margin, and network charges. The majority of a residential retail bill is made up of network charges and so, the AER's determination will have a material impact on the price paid by consumers for electricity. Queensland In the case of Queensland, the AER approved the 2021 to 2022 electricity distribution tariffs proposed by Energex and Ergon Energy in accordance with their relevant 2020 to 2025 distribution determinations. The determinations set revenues that those distributors can recover to reflect their cost of delivering electricity supply to…
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AGL’s Customer Hardship Audit

AGL’s Customer Hardship Audit

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On 7 May 2021 the Australian Energy Regulator (AER) released the results of the latest compliance audit under the National Energy Retail Law. AGL Energy Ltd carried out an audit to assess compliance with its hardship, payment plan and disconnection obligations for the period 1 January 2020 to 30 April 2020. With the exception of one instance of non- compliance, the audit found that AGL complied in all material respects with its hardship, payment plans, and disconnection obligations. AGL rectified the issue giving rise to the partial compliance by updating its retail systems. Hardship Obligations Part Two of the National Energy Retail Law and Parts Three and Six of the National Energy Retail Rules set out obligations that retailers have in relation to payment plans, hardship policies, debt recovery, and…
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