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

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

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#Victoria, #Exemptsellers The Energy Fairness Bill tabled in the Victorian Parliament in late May 2021 has been in development for almost three years. If passed, we will see the most significant changes to the Electricity Industry Act 2000 (Vic) (Act) since the introduction of Division 5A of Part 2 (small scale solar generation).  Below, 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.   Imprisonment Despite what some have been led to believe, we are confident that no employee of a retailer will…
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New NECF derogations for NSW Retailers

New NECF derogations for NSW Retailers

AU Energy Compliance
The passing of the NSW Government’s Electricity Infrastructure Investment Bill 2020 dominated headlines at the end of 2020. However, with much less pomp and ceremony, NSW also introduced further derogations to the National Energy Customer Framework (NECF).     Until October 2020, there existed (in the Electricity Supply Regulations) a prohibition on the remote disconnection of small customers in NSW. However, a combination of new regulations has ended this blanket prohibition while imposing additional compliance obligations on retailers operating in NSW. The new provisions can be found in the Gas and Electricity (Consumer Safety) Regulation 2018 and the Electricity Supply (General) Regulation 2014 and set out requirements for retailers and metering providers in respect of remote disconnection and reconnection of small customers. The key changes relevant to retailers are summarised below.…
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AER’s Statement of Expectations

AER’s Statement of Expectations

AU Energy Compliance
The AER has published its third statement of expectations of energy businesses during Covid 19. This statement of expectations applies from 1 November 2020 and will continue until 31 March 2021, and potentially beyond. In the new statement of expectations, the AER notes that the Covid 19 pandemic continues to have a significant impact on the Australian community with many people affected by dramatic changes to their lives, businesses, income, and working arrangements. The AER notes that Covid 19 continues to influence energy use and the ability of customers to pay their bills. The AER suggests that retailers consider the methods of communication that they use when seeking to get in contact with a customer who is potentially experiencing financial difficulty. The AER recommends that retailers: listen to customers, who…
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What will happen to ‘legacy embedded networks’ under the AEMC’s proposed rule and law changes

What will happen to ‘legacy embedded networks’ under the AEMC’s proposed rule and law changes

AU Energy Compliance
Tomorrow the Australian Energy Market Commission (AEMC) will hold a stakeholder forum to examine the question of what will happen to 'legacy embedded networks' under the AEMC's proposed rule and law changes. Below we discuss this question. By Connor James, Compliance Quarter. In January the AEMC released its draft report Updating the regulatory frameworks for embedded networks. The report set out proposed amendments to the national energy laws and rules to establish a new regulatory regime to improve consumer protections and access to retail market competition for embedded network customers. We have discussed the report in previous posts. The headline items included the establishment of a new 'type' or retailer holding an off-market retail authorisation and the abolition of the majority of exemptions meaning that all 'new' embedded networks would need to…
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Two Billion Dollar Opportunities for Innovation in the Energy Market

AU Energy Compliance
Innovation in the Energy Market - If you believe the news, we are in the midst of an energy crisis. Ignoring the politicking, today we examine two areas of the energy market that are ripe for innovation. In our previous post, we spoke about the number of businesses now looking to become energy retailers. Much of this is driven by business models looking to innovate the energy market. [caption id="attachment_4033" align="aligncenter" width="640"] Photo by Marcus Wallis on Unsplash[/caption] By Connor James, Compliance Quarter. Demand Management that People Care About Countless providers offer an ‘app’ or device to help you manage your energy. Most of them fail. The promise is simple—give people more power over how and when they use, store, or export energy. In doing so, savings can be achieved,…
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Changes to Energy Retail Reporting and Audit Obligations

Changes to Energy Retail Reporting and Audit Obligations

AU Energy Compliance
By Anne Wardell, Compliance Quarter On 9 June 2017, the Australian Energy Regulator (AER) released the following documents: Compliance procedures and guidelines – Version 4 – June 2017, and The AER Practice Guide for Compliance Audits – June 2017. The revised guidelines incorporate new rules introduced by the Australian Energy Market Commission (AEMC), refine the reporting framework and provide new guidance material on compliance audits. Changes to reporting obligations An important change is to the name given to reports and reporting periods. Reports will now be referred to as Immediate, Quarterly or Half Yearly Reports. Consequently, the sections in the procedures and guidelines which deal with reporting have been amended in line with this change. This includes substantive amendments to Appendix A. The report and template contained in Appendix B…
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State of the Energy Market

State of the Energy Market

AU Energy Compliance
Today saw the release of the 2017 State of the Energy Market, a report published by the Australian Energy Regulator. There is a lot to digest in the AER's comprehensive and useful report. In this first post, I will briefly look at some of the key themes. It has been a challenging year for the industry, one that has seen significant structural and technological change. 'Technology change is impacting on the wholesale electricity and gas markets more than at any other time in the history of the NEM...' Paula Conboy—AER Chair. Retail and Wholesale Pricing Electricity retail pricing trended higher in 2016, in all states other than Victoria. As I noted in a previous post, significant increases are expected this financial year on top of the average 13 percent in…
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