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.
The Australian Energy Regulator’s Compliance Procedures and Guidelines-Version 6 sets out the matter and form that retailers must submit compliance information and data to the
This article looks at the operation of the AER’s Retail Pricing Information Guidelines (April 2018 – Version 5.0). The purpose of the Guideline is to
The Australian Energy Regulator has released the results of its latest compliance audits looking at the provision of timely and accurate information. The audits in