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

Share on twitter
Twitter
Share on linkedin
LinkedIn
Share on facebook
Facebook

Compliance Quater has lodged a submission with the AER addressing the questions raised by the AER but also drawing the AER’s attention to a range of issues that we have identified within the guidelines.

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.

Compliance Quarter supports energy sellers by helping them establish effective compliance programs. For exempt sellers, we provide guidelines, checklists, and training.

If you would like assistance with your compliance program, email info@compliancequarter.com.au

More to explorer

Eureka tower Melbourne

Victorian Embedded Network ‘ban’: proposed changes to the embedded network regulatory framework in Victoria

On 11 January 2022, the expert panel appointed by the Victorian Government to review the policy position of banning embedded networks in residential settings published its final report. The recommendations, if implemented, will have a significant impact on embedded network operators in Victoria.

The report sets out the panel’s recommendations for implementing a ban and further considers how the ban should apply, or rather what changes should be made to the regulation, to legacy (existing) embedded networks.

Stock market prices

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).

Energy

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.

Leave a Reply

Your email address will not be published. Required fields are marked *