Electricity plant
Uncategorized

Energy Legislation Amendment (Energy Fairness) Bill 2021 – The Breakdown

We provide a breakdown of the key elements of the bill for energy retailers operating in Victoria – hint: these regulations will not align Victoria more closely with the National Energy Customer Framework (NECF). We also highlight some key areas of concern with respect to the legislative drafting which should be explored and addressed prior to implementation.

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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.

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AER Approves Network Tariffs

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.

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Reading glasses and blank with word AUDIT on a blue background
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AGL’s Customer Hardship Audit

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

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