Victorian Energy Retail Code of Practice (formerly the Energy Retail Code)

Victorian Energy Retail Code of Practice (formerly the Energy Retail Code)

AU Energy Compliance
On 1 March 2022, the Victorian Energy Retail Code of Practice took effect.  The rules previously existed in a different iteration (Energy Retail Code), however in December 2021, Victorian legislative changes deemed existing energy codes as ‘codes of practice’.  To fully implement the new enforcement framework and effect the conversion, the Essential Services Commission (ESC) undertook a 6 month review and consultation process, which culminated in the final version of the Energy Retail Code of Practice being published. The new code has no substantive changes to the obligations for licensees or exempt persons.  In the final decision, the ESC noted that the process of converting the existing code to a ‘code of practice’ was primarily an administrative one.  Chiefly, the changes involved re-numbering provisions, and minor clarifications.  This was to…
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The Essential Services Commission (Vic) Minimum Feed-In Tariff review 2022/23

The Essential Services Commission (Vic) Minimum Feed-In Tariff review 2022/23

AU Energy Compliance
On 2 December 2021, the Essential Services Commission (ESC) released its draft decision for minimum feed-in tariffs for solar exporters. It is anticipated that the figures in the draft will apply from 1 July 2022. This short article will discuss the proposed tariffs and provide a brief summary of the reasoning behind the adjusted tariff. We will also look at how the ESC calculates the tariff. The New Proposed Tariffs: The draft minimum feed-in tariffs have been calculated the same way as previous reviews (discussed below). The draft minimum feed-in tariffs are as follows: The draft minimum flat feed-in tariff for 2022–23 is 5.2 cents per kWh. This is 22 percent lower than the minimum rate for 2021–22. The draft time-varying feed-in tariffs are also lower than for 2021–22. *…
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Victorian Essential Services Commission Annual Report 2020-21 – Summary

Victorian Essential Services Commission Annual Report 2020-21 – Summary

AU Energy Compliance
On 17 November 2021, the Victorian Essential Services Commission (ESC) released its Annual Report for 2020-21 (the Report). The purpose of the Report is to provide an overview of the previous financial year (ending 20 June 2021), including what they did, how they performed on key goals, and what they plan to do in the future. Key highlights of 2020-21 There were a number of key issues discussed in the Report: COVID-19 - this had a big impact on the ESC and influenced their activities in a number of areas.   Some key directives they implemented included:         monitoring and reporting on customer and industry data in the energy and water industry to track the impact of the pandemicincreasing customer protections from disconnection, and protections for small businesses facing payment difficulties due to…
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ESC Review of the Payment Difficulty Framework

ESC Review of the Payment Difficulty Framework

AU Energy Compliance
In January 2019, the payment difficulty framework commenced in Victoria to ensure that disconnection for non-payment is a last resort and that vulnerable customers are supported to pay for their energy usage. After two years of operation, the payment difficulty framework remains the most stringent customer protection framework in the country and has been considered a success by the Essential Services Commission (ESC). Now the ESC has commenced a review to evaluate and assess the operation of the framework in meeting its objective. The ESC does not intend for the review to result in significant reforms to code obligations or to revisit the underlying rationale of the framework. Rather, the ESC seeks to provide more actionable guidance on the framework. The aim of the review is to: Identify issues with…
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