Default Retail Price for Electricity to apply from 1 July 2019  

AU Energy Compliance
The Commonwealth Government has just directed that the Australian Energy Regulator (AER) begin work on developing a mechanism for introducing a default price for electricity. What we know The Commonwealth Government has asked that a default market offer and associated default market price be introduced for National Energy Customer Framework (NECF) jurisdictions, which means: the default price will replace the standing offer price in NECF areas that currently do not have price regulation; the price will be set by the AER on the basis of the costs incurred by the retailer as well as allowance for a reasonable margin. The default price would come into effect on 1 July 2019 with publicly released by 30 April 2019. In addition, the Commonwealth Government has requested that the AER begin work implementing:…
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Solar feed-in tariffs 2018/19 for NSW call for submissions

AU Energy Compliance, Uncategorized
By Anne Wardell, Compliance Quarter.  The Independent Pricing and Regulatory Tribunal (IPART) has released an Issues Paper for discussion on the solar feed-in tariffs for 2018/19. IPART is seeking written submissions to be made by 16 April 2018. Information about how to lodge a submission are contained in the Issues Paper. IPART has provided the following useful infographic in relation to the process: The Terms of Reference set out the following parameters which must be considered in conducting the investigation: There should be no resulting increase in retail electricity prices; and The benchmark range should operate in such a way to support a competitive electricity market in NSW. The final report is to be provided by 30 June 2018. Further information about the investigation can be found on the IPART website…
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