Stock market prices
AU Energy Compliance

Price Comparisons under the Electricity Retail Code

On 12 January 2022, the Australian Competition and Consumer Commission (ACCC) announced that energy retailer CovaU Pty Ltd had paid $33,300 in penalties arising from three infringement notices issued for alleged contraventions of the Competition and Consumer (Industry Code—Electricity Retail) Regulations 2019 (the Code).

Read More »
Energy
AU Energy Compliance

AEMO Draft 2022 Integrated System Plan review

On 10 December 2021, the Australian Energy Market Operator (AEMO) published the Draft 2022 Integrated System Plan (ISP) (Draft ISP). This was subject to a ‘transparency review’ by the Australian Energy Regulator (AER), released 7 January 2022.  The Draft ISP is now in the consultation stages, prior to final publication in June 2022.

Read More »
Electrical transformer
AU Energy Compliance

Victorian Essential Services Commission Annual Report 2020-21 – Summary

On 17 November 2021, the Victorian Essential Services Commission (ESC) released its Annual Report for 2020-21 (the Report). The purpose of the Report is to provide an overview of the previous financial year (ending 20 June 2021), including what they did, how they performed on key goals, and what they plan to do in the future.

Read More »
CORONAVIRUS )covid-19)
AU Energy Compliance

AER Calls for Energy Retailers to Focus on Support for Customers in Hardship

stralian Energy Regulator (AER) has called on energy retailers to provide “better” support to customers in hardship. The AER released its Annual Retail Markets Report 2020/21 on 30 November (2021) and noted that despite the fall in retail energy prices for households for the year 20/21, energy debt had risen by 12%, and the amount of the debt of customers entering the various retailer’s hardship programs had risen by 21%.

Read More »
AU Energy Compliance

Time to understand “Ring-fencing”

On 3 November 2021, The Australian Energy Regulator (AER)  concluded and published a revision of the Ring-fencing Guideline. Parties are expected to be fully compliant

Read More »
Frozen planet Earth climate change concept
AU Energy Compliance

Getting Serious: The Peak Demand Reduction Scheme

The First PDR Initiatives:
– There will be incentives (rebates) for households to purchase and install energy efficient air conditioners (rebates for businesses ACs have been available for some time via other schemes);
– Businesses with EV fleets will be able to export power from their parked vehicles back in to the grid at peak times.

The two initiatives above were cited as examples in the press release on 28 September 2021. There is very little information available as to what other initiatives will be forthcoming.

Read More »
Young people encouraging race runners
AU Energy Compliance

An Alternative to Compliance by Coercion

Alternatives to penalties are provided by the behavioural sciences, including command and control and economic instruments such as ‘nudging.’ The underlying concept is to create an environment in which individuals make choices based on nudges towards the desired state. This area is well-developed thanks to the advertising industry and, in the context of compliance, is considered to be ‘at the forefront of regulatory policy and governance.’

Read More »
Checking bills
AU Energy Compliance

Opportunity to shape energy bills of the future

On 2 September 2021, the AER has made a call for submissions on issues that will inform the AER Bill Contents and Billing Requirements Guideline (Guideline). Submissions are due by Wednesday, 22 September 2021.

The purpose of the Guideline is to provide retailers with guidance on preparing and issuing bills to make it easier for residential and small customers to understand billing information. The Guideline is a further step in the AER Strategic Plan 2020-2025 to improve consumer outcomes.

Read More »
Melbourne City
AU Energy Compliance

New Round of Enforcement Actions

Energy sellers should review the announcements made by the ESC and ensure that they have adequate controls in place to avoid the same issues.

Read More »
modern building, business building
AU Energy Compliance

Submission to the AER’s Network and Retail Exemption Guidelines Review

We’ve submitted that the AER should consider implementing a ‘fast track approval’ process for the approval of proposed retrofit conversions of sites where the resulting embedded network would clearly bring consumers better pricing and where the configuration of the network infrastructure facilitates consumers who wish to ‘opt-out.’

As energy sellers know, the regulatory framework is partly designed to set the minimum standards of conduct expected and to punish those that are non-compliant. We believe that it is time that incentives were built into the regulatory framework. Where energy sellers develop products or services that have a clear consumer benefit, they should be rewarded by, for example, faster approvals. Faster approvals result in better commercial outcomes for energy sellers and those should be tied to consumer benefits.

Read More »
boyfriend and girlfriend painting wall with blue paint
AU Energy Compliance

Review of the AER’s Network and Retail Exemption Guidelines

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. Clearly, this review being conducted by the Australian Energy Regulator is of significant importance to all exempt and authorised retailers operating within embedded networks.

Read More »
Driving a Tesla over the San Francisco Bay Bridge
AU Energy Compliance

QLD Large-Scale Energy Storage Trial

The Queensland Premier, the Honorable Annastacia Palaszczuk, has announced that five locations across regional Queensland will host a large scale, network connected battery trial aimed

Read More »
Male stockbroker in formal clothes works in the office with financial market
AU Energy Compliance

ASIC’s report on regulatory technology

The Australian Securities and Investment Commission (ASIC) has published a report (Report 685) on ASIC’s Regtech initiatives during 2019-2020. We’ve spoken previously about the benefits

Read More »
Night view of midtown Manhattan office and apartment towers.
AU Energy Compliance

New NECF derogations for NSW Retailers

The passing of the NSW Government’s Electricity Infrastructure Investment Bill 2020 dominated headlines at the end of 2020. However, with much less pomp and ceremony,

Read More »
Domain Hompage Html Web Design Webinar SEO Concept
AU Energy Compliance

Upcoming Webinars on Energy Regulation

Compliance Quarter is an energy regulatory specialist firm. We run webinars relevant to energy businesses operating in Australia. You can join our webinar training sessions

Read More »
Sydney Harbor Bridge
AU Energy Compliance

RRO triggered in NSW

The AER has accepted a recommendation from AEMO and has made the T-3 reliability instrument triggering the Retailer Reliability Obligation (RRO). In making this decision

Read More »
Sydney Australia
AU Energy Compliance

AER’s Statement of Expectations

The AER has published its third statement of expectations of energy businesses during Covid 19. This statement of expectations applies from 1 November 2020 and

Read More »
Plastic palette with colorful paints on a light grey bakground
AU Energy Compliance

ESC Guide to embedded networks

The Essential Services Commision of Victoria has published a variety of resources for operators of embedded networks on its website including a guide to exempt

Read More »