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

Share on twitter
Share on linkedin
Share on facebook

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 ensure the change could be in place for the broader implementation of the governments Energy Farness Plan, with the commencement of the Energy Legislation Amendment (Energy Fairness) Act 2021 on 1 May 2022 (and some Parts commencing 1 March 2022). 

This foreshadows potential future substantive changes, to take into account issues raised during the consultation and respond to further changes in the energy landscape.

At this stage, no action needs to be taken by retailers, except potentially updating any references to Energy Retail Code provisions in existing policy documents.  The ESC has also made consequential amendments to other codes and guidelines to reflect these changes.

More to explorer

solar energy

Review of the Authorisation and Exemption Framework

The Australian Energy Regulator has published a consultation issue paper titled Retail Authorisation and Exemption Review. Broadly, the Issues Paper considers the changing nature of the energy market, the risks posed by new products and services, and asks whether changes are needed to the Retail Authorisation and Exemption Framework. This is a major consultation that will have long-lasting ramifications for the energy market and consumers.  It builds on the work of the Energy Security Board, the Australian Energy Market Commission (particularly in relation to embedded network regulation) and prior work by the AER.

Sales manager

Managing the compliance of contractors

In many industries, a principal will be liable for any non-compliance by their contractors. What are some of the steps you can take to manage contractors?

Leave a Reply

Your email address will not be published.