Jan152023 by Connor JamesNo Comments
Unlock the Power of Energy Data Sharing with the Consumer Data Right for Energy Retailers

Unlock the Power of Energy Data Sharing with the Consumer Data Right for Energy Retailers

AU Energy Compliance
With the introduction of the Consumer Data Right (CDR) in the energy retail sector, retail businesses and consumers will have access to valuable insights. The CDR allows energy retailers to gain a deeper understanding of their customer base and devise strategies to serve them better. In this article, we explore the potential of the CDR and how it can benefit energy retailers. Introduction to the Consumer Data Right (CDR) for Energy The CDR is a government initiative that seeks to empower customers with greater control over their data. It will allow customers to access and share their energy consumption data with accredited third parties. This will give customers the power to make better-informed decisions about their energy usage and product choices. In addition, the CDR should help to increase competition…
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Feb272019 by Connor JamesNo Comments
The new Consumer Data Right extended to the energy sector

The new Consumer Data Right extended to the energy sector

AU Energy Compliance
The Australian Competition and Consumer Commission (ACCC) recently released a Consultation paper on data access models for energy data.[1] The Consumer Data Right (CDR) regime, provides individuals and business with a right to conveniently access specified data in relation to them that is held by businesses. It is intended to  improve consumers’ ability to compare and switch between products and services and thereby increase competition. It is currently being rolled out in the banking sector but has been scheduled to roll out in the telecommunications and energy sectors for a while now. By Dr Drew Donnelly, Compliance Quarter A key difference between roll-out in the banking and energy sectors is the diverse range of entities that hold relevant information in the latter sector, including retailers, distributors, embedded network operators and…
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