Jan162020 by Connor JamesNo Comments

Increased Retailer Reporting and the CDR in NSW

AU Energy Compliance
At the end of December 2019, the Independent Pricing and Regulatory Tribunal NSW (IPART) released its final report on its Review of the Performance and Competitiveness of the NSW Retail Electricity Market for 2018-2019 (Report). We previously provided an update upon the release of the interim report here. The Report found that smaller retailers have continued to increase market share and that prices fell for those customers engaged in the market. IPART also made three recommendations to the Minister for implementation in NSW going forward. These recommendations are aligned with two significant changes in the energy sector in 2020: i) the Consumer Data Right; and ii) increased price regulation and financial reporting. Recommendation 1: Interval meter data on comparison sites IPART recommended that: “Energy Made Easy and NSW Energy Switch…
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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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Nov302017 by Connor JamesNo Comments
A new Consumer Data Right for 2018: What we Know So Far

A new Consumer Data Right for 2018: What we Know So Far

Consumer, Uncategorized
On 26 November the Federal Government announced its intention to legislate a national Consumer Data Right next year, following the recommendations of the Productivity Commission (which you can view here). In today’s article we look at what we currently know about this proposed data right and suggest how it relates to existing data rights and other changes proposed by the Government. [caption id="attachment_2680" align="aligncenter" width="640"] Photo by Pana Vasquez on Unsplash[/caption] By Dr Drew Donnelly, Compliance Quarter. What we know so far The Government will announce its formal response to the Productivity Commission’s Inquiry Report Data Availability and Use (PC Report) in a few weeks time, so this announcement is a ‘sneak peek’, with more detail to be released shortly. Nevertheless, there are a few things that we know from…
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