COPY. Simon Corbel' MLA

Save this PDF as:
 WORD  PNG  TXT  JPG

Size: px
Start display at page:

Download "COPY. Simon Corbel' MLA"

Transcription

1 Simon Corbel' MLA ATTORNEY-GENERAL MINISTER FOR THE ENVIRONMENT AND SUSTAINABLE DEVELOPMENT MINISTER FOR POLICE AND EMERGENCY SERVICES MINISTER FOR WORKPLACE SAFETY AND INDUSTRIAL RELATIONS COPY MEMBER FOR MOLONGLO The Hon Gary Gray AO MP Minister for Resources and Energy Chair, Standing Council on Energy and Resources PO Box 6022 Parliament House CANBERRA ACT 2600 Dear Mini r Gray I am writing to you to advise SCER of the ACT's response to items 8.2 and 8.3 of the COAG National Energy Market Reform package agreed to by the First Ministers in December Under these items, the ACT is required to revaluate the recommendations made by the Australian Energy Market Commission (AEMC) in its review on the effectiveness of competition in the Territory's retail electricity market. The ACT is also required, along with other jurisdictions, to provide advice to SCER on the current policy and regulatory arrangements in relation to price regulation including proposed actions towards transitioning to a deregulated market. AEMC's recommendations The AEMC review which concluded in March 2011 found competition in the ACT to be ineffective. The AEMC also recommended the removal of regulation of retail electricity tariffs. The ACT Government agreed with the finding of ineffective competition, but did not agree to deregulate pricing in its response in September At that time, the Government considered that deregulating in a market dominated by a single retailer and characterised by a lack of competitive activity by other retailers would likely result in an increase in prices without a commensurate increase in consumer benefits and services. This is in line with ACT's obligations under the Australian Energy Market Agreement (AEMA), which requires jurisdictions to deregulate pricing only when effective competition is demonstrated. Currently, the state of competition in the ACT continues to be ineffective. No new retailers have entered the market and the level of competitive activity has not increased since the time of the AEMC review. The retail market consisting of small customers continues to be dominated by a single retailer with a market share of over 95%. As such, the ACT Government retains the view that deregulating pricing at this stage of market development would neither be appropriate and nor in the long term interest of consumers. It is also important to note that despite the lack of competition, consumer outcomes in the ACT electricity market remain superior relative to other jurisdictions on a number of parameters relating to prices, reliability and complaints. More information on these outcomes is provided in the accompanying attachment on the ACT retail electricity market. The Government is concerned that ACT LEGISLATIVE ASSEMBLY London Circuit, Canberra ACT 2601 GPO Box 1020, Canberra ACT 2601 Phone (02) Fax (02) Facebook

2 deregulating prices at this stage could run the risk of jeopardising these high quality consumer outcomes in the ACT. The recent finding by the Essential Services Commission' of Victoria that retailer margins have increased in that state despite having one of the most competitive retail electricity markets globally gives some credence to these concerns, as does recent information on misleading sales tactics including predatory door to door marketing practices. The ACT Government is also mindful of its own experience in the gas retail sector, which despite deregulation of prices, has not seen the emergence of significant competition. The AEMC also recommended the implementation of the National Energy Customer Framework (NECF), in its review. I am happy to note that the ACT was one of the first jurisdictions to implement the NECF on 1 July While I am disappointed by the ongoing delay in implementation of the NECF by some jurisdictions, I remain hopeful that in the long term this reform will deliver the goal of an integrated retail market across jurisdictions in the National Electricity Market (NEM). The NECF is particularly important for the ACT as the small size of our market is one of the factors contributing to a lack of participation by retailers. An integrated national market will help to address this. As such I strongly urge SCER to push the implementation of NECF across the NEM. Finally, the AEMC recommendation to implement a consumer awareness campaign was not considered to be useful. This recommendation was made in the context of price deregulation to ensure that consumers were aware of other retailers and benefits which may arise due to switching. The ACT Government considers that the utility of such a campaign would be limited and potentially welfare misleading in the absence of cheaper competitive offers by other retailers. I also note that consumers in the ACT can currently compare offers from different retailers on the Energy Made Easy price comparator website administered by the Australian Energy Regulator (AER). Information on this website is printed on all consumer invoices. Price Regulation Arrangements Under item 8.2 of the Energy Reform package, jurisdictions are also required to advise SCER on the current state of competition, policy settings and regulatory arrangements relating to price regulation and encouraging competition. This advice is provided in the accompanying document. The ACT Government will continue to monitor the state of competition in the retail electricity market. The annual competition reviews undertaken by the AEMC will be an important input into this process. Once a positive and sustained development in the level of competition is observed, the ACT will consider deregulating retail electricity price controls. This will also be accompanied by an information campaign to ensure consumers are aware of the benefits of switching. The ACT Government will also continue to support the development of national frameworks for common jurisdictional policies such as the energy efficiency schemes to align individual markets. I also note that the AEMC is developing a nationally consistent methodology for retail price regulation. The ACT will evaluate this methodology for implementation and respond to SCER once it is finalised. sine rely Simon Corb 1 MLA Minister for the Environment and Sustainable Development 1 Retailer Margins in Victoria's Electricity Market (ESC - May 2013)

3 1. Objective of Price Regulation The primary objective of electricity price regulation in the ACT is to ensure households and small businesses have access to an essential service at cost reflective prices. It covers only small retail customers consuming up to 100 MWh/year on standard contracts. This transitional consumer protection measure is dictated by the current characteristics of the Territory s retail electricity market. The ACT retail electricity market 1 is dominated by a single retailer with few competitive offers by alternative retailers. The present monopolistic state of the retail market means that small consumers lack the ability or choice to negotiate competitive offers from other retailers. Electricity products also have a complex pricing model relative to other products. Combined with the essential nature of this service, regulation of prices mitigates the information and bargaining asymmetries faced by small consumers in this market. The ACT Government has undertaken a number of reforms to increase competition in the market over the past decade. Recently this has included the implementation of the National Energy Customer Framework (NECF). Despite these reforms, effective competition has not materialised in the ACT which has necessitated the continuation of price regulation. At the same time, ACT consumers are free to access negotiated or market offers from retailers. These offers and contracts are not regulated. This is intended to encourage the development of competition and innovation in product and pricing strategies in the market. This policy has proved effective in the ACT where there are market offers by the dominant retailer that represent a discount on the standard regulated offer. 2. Regulatory Arrangements The Independent Competition and Regulatory Commission (ICRC) is the independent utilities regulator in the ACT. It is also responsible for regulating retail electricity prices. The ICRC issues an electricity price direction in response to a Terms of Reference (ToR) by the Treasurer in consultation with the Minister responsible for electricity issues. These ToR are issued in accordance with the Independent Competition and Regulatory Commission Act 1997 which is the governing legislation for the ICRC. This legislation includes requirements that the ICRC must adhere to and take into account while developing a price direction. These include protecting consumers from the abuse of monopoly pricing power, ensuring an appropriate rate of return and the social impacts of the decision (See Part 4 of the Act Price Directions). The Independent Competition and Regulatory Commission Act 1997 works in conjunction with the NECF. The ACT NECF application legislation (National Energy Retail Law (ACT) Act 2012), requires energy retailers to ensure that any standing offers are consistent with a price direction issued by the ICRC (Division 5.1 of the NERL (ACT) Act 2012 Price Regulation). In practice, while the ACT Government retains the legislative power to regulate pricing for all electricity and gas retailers in the Territory, it has only been applied to the dominant retailer (ActewAGL) in relation to electricity for practical and historical reasons where it used to be the sole supplier established, owned and operated by the ACT Government previously. 1 Note all references to electricity market refer to the retail electricity market consisting of small customers consuming less than 100 MWh annually, unless specified otherwise. 1

4 The current pricing determination covers a two year period from 1 July 2012 to 30 June The ICRC provided for an increase of 17.74% for primarily driven by the introduction of a price on carbon. Approximately a quarter of the increase was due to increases in network costs. The ICRC released an updated determination in June 2013 which provided for an increase of 3.47%. This increase was driven by network costs and the introduction of the ACT Energy Efficiency Improvement scheme. The ICRC adopts a weighted average price cap approach in its determinations. The retailer can adjust individual tariffs offered to customers on standard contracts as long as the weighted average price does not exceed the increase allowed under the determination. The change in allowed percentage is calculated by an index model that consists of broad individual cost components of wholesale costs, network costs and retail costs. These components are divided further into sub categories. An example from the determination is provided below: ICRC price adjustment Source ICRC Final Decision - Retail price adjustment for franchise electricity customers (June 2013) 3. Reforms to encourage competition The ACT Government has taken significant steps to promote contestable and efficient energy markets in the Territory. This has included a number of reforms over the past decade with the primary objective of increasing competition and choice for both large and small users. The electricity market for large customers consuming greater than 160 MWh annually was made contestable in This was followed by the introduction of retail contestability for medium sized customers consuming more than 100 MWh annually in Prices in these markets are not regulated. Retail gas prices which were previously pegged to New South Wales gas tariffs, were also deregulated in the ACT during this period of energy market reforms in the ACT, to promote competition and efficient market operation. Retail contestability in the small customer electricity market consisting of residential consumers and small business consuming less than 100 MWh annually was implemented in While consumers are now free to 2

5 move to a market contract, they can still access supply through the standard contract provided by the incumbent ACT retailer linked to a regulated tariff set by the ICRC. This was intended to be a transitional consumer protection and adjustment measure to aid customers in the move towards contestable markets and ultimately full retail price deregulation. These reforms were also accompanied by partial disinvestment in the Government owned and operated distributor and retailer, and the institution of formal ring fencing arrangements between the distribution and retail businesses. In 2012, the ACT became one of the first jurisdictions to implement the NECF. The implementation of the NECF was also guided by the objective of achieving greater competition in the Territory by integrating into a single national retail market. The success of NECF in achieving this outcome in the ACT will be dependent on adoption of this framework by other jurisdictions. 4. Competition Outcomes Contestability was introduced across all user categories in the electricity and gas markets by This resulted in an increase in marketing activity and product offerings due to greater participation by electricity suppliers in the ACT retail market. By 2006, the ICRC considered that the market was competitive with enough depth to support the removal of price regulation. However, this increase in competition was not sustained. While the incumbent retailer did initially lose some market share, it continued to significantly dominate the market and its market share never declined below 91.6% in 2007 and since then has rebounded to over 95%. This was observed in 2010 by the AEMC 2 Review which found the positive state of competition in ACT had reversed significantly. This finding was not a surprise as the deterioration had been noted earlier and was implicit in the decision to continue price regulation by the ACT Government. Currently, it is considered that this state of ineffective competition has not changed positively or significantly 3 since the release of AEMC s findings in late 2010: - There are only four retailers supplying to small customers. - Out of these, only two retailers seem to be accepting new customers currently (April 2013) 4. - The retail market remains extremely concentrated with ActewAGL Retail share at over 95% of total residential electricity and gas customers. - 82% of small electricity contracts remain on standard retail contracts reflecting the lack of competitive market offers by retailers relative to the dominant retailer. - Switching rates in the ACT are very low relative to other jurisdictions. While Victoria, New South Wales and South Australia have switching rates of 5-8%, the rate for ACT was 0.15% in the last quarter of Stage 1 Final Report - Review of the effectiveness of competition in the electricity retail market of the ACT 3 AER Retail Energy Market Update (October to December 2012) 4 This is based on the information available on retailer websites and Energy Made Easy price comparator website (energymadeeasy.gov.au) administered by the AER. 3

6 5. Consumer Outcomes It is important to note that despite the lack of effective competition, the ACT retail electricity market is characterised by positive consumer outcomes, among the best in Australia, which have been sustained over the long term. ACT consumers enjoy relatively affordable and reliable electricity supply and report high rates of satisfaction with the overall consumer experience. Affordable Electricity ACT consumers enjoy the lowest prices in Australia by a significant margin 19.3 cents/kwh in compared to the national average of 30.1 cents/kwh. Table 1 Retail Electricity Prices in Australia National QLD NSW ACT VIC SA TAS WA NT c/kwh Source AEMC Electricity Price Trends Final Report 2013 These low per unit prices mean that ACT consumers pay significantly less than other jurisdictions for the same level of consumption. For example an average household in Canberra typically consuming 8,000 KWh annually, will pay approximately $1,000 less over the year compared to a household with the same level of consumption in Sydney (including GST). Low prices per unit of electricity are particularly important for ACT consumers as climatic conditions of hot summers and cold winters means that the ACT has relatively high levels of electricity and gas consumption on average. High Reliability of Supply ACT consumers also enjoy a high quality distribution network with high levels of reliability of supply. The low retail prices available to consumers do not mean that the distribution component in the supply chain, which is the biggest component of the total cost, has been compromised in the ACT. A selected comparison of jurisdictional SAIDI (System Average Interruption Duration Index) and SAIFI (System Average Interruption Frequency Index) standards and actual outcomes is provided below. As can be seen in these tables, the ACT compares favourably with other jurisdictions in terms of reliability standards and performance. Table 3- Selected Jurisdictional Urban SAIDI Standards and Outcomes (Average outage in minutes/year per customer) ACT ActewAGL NSW Endeavour QLD Energex SA ETSA TAS Aurora (CBD) VIC United Standards Outcomes Source - The Brattle Group - Approaches to setting electric distribution reliability standards and outcomes Table 4- Selected Jurisdictional Urban SAIFI Standards and Outcomes (Average number of interruptions/year per customer) ACT ActewAGL NSW Endeavour QLD Energex SA ETSA TAS Aurora (CBD) VIC United Standards Outcomes Source - The Brattle Group - Approaches to setting electric distribution reliability standards and outcomes 4

7 Consumer Experience ACT consumers also seem to enjoy a high sense of satisfaction with electricity services available in the ACT. The number of complaints in the ACT compares favourably to South Australia and Victoria. According to the AEMC, the ACT Civil and Administration Tribunal (ACAT), which performs the energy ombudsman role in the ACT, received 8.5 complaints per thousand customers in The equivalent figures for South Australia and Victoria 5 are 10.7 and 17.7 respectively 6. Significantly, while the AEMC report observed an increase in consumer complaints in South Australia and Victoria over the past few years from onwards, the level of complaints in ACT remained constant. While it is hard to compare recent data between jurisdictions due to differences in reporting formats and complaints processes, the low complaint rate in the ACT has declined even further. According to the most recent data available 7, electricity retailers in the ACT received a total of 504 complaints in or 3.13 complaints per thousand customers. This was a further reduction from which recorded 5.9 complaints per thousand customers. ACT consumers have also not experienced issues relating to misleading sales tactics including predatory door to door marketing practices to the extent that has required Governments and regulators in other jurisdictions to take both corrective and prosecutorial action to prevent these activities. This has been particularly true of more competitive markets. The relatively high level of satisfaction was also confirmed by residential and business electricity user surveys undertaken in the ACT by the AEMC Transitioning to a more competitive and innovative market The ACT is one of the few jurisdictions in Australia that has implemented almost entirely the significant structural reforms to encourage competition disinvesting and removing direct Government control from the local energy suppliers and introducing contestability in all segments of the market. Recently this has included the implementation of the NECF. While the ACT has achieved high quality consumer outcomes, these have not been accompanied by the development of effective competition in the ACT. There is a challenge for the Government in managing the transition to a deregulated competitive market without jeopardising the consumer outcomes that have already been achieved in the ACT. At this stage the ACT Government considers a monitoring approach to be appropriate in light of previous reforms and implementation of NECF in other jurisdictions, especially New South Wales. The ACT will continue to monitor the state of competition in the ACT via the annual competition review undertaken by the AEMC and quarterly retail performance reports published by the AER. It will also locally monitor indicators such as the number of market offers, discounting on standing offers and the level of marketing activity. Once a positive and sustained development in the level of competition is identified, the Government will consider its obligations under the Australian Energy Market Agreement to deregulate pricing. This will also likely include an information campaign to ensure consumers are aware of the benefits of switching once competitive offers are present in the market. 5 Previous AEMC reviews found competition in the Victorian and South Australian retail electricity markets to be effective and recommended deregulation of prices. Currently, these are the only jurisdictions in Australia that do not regulate retail electricity prices. 6 AEMC ACT Review: First Draft Report, Pages ICRC Compliance and Performance Report for Licensed Electricity, Gas, Water and Sewerage Utilities Report 2012 (November 2012) 8 Ray Morgan Research - Effectiveness of Competition in the ACT Electricity Market: A Qualitative Study of Domestic and Business Consumers (June 2010) 5

2014 Residential Electricity Price Trends

2014 Residential Electricity Price Trends FINAL REPORT 2014 Residential Electricity Price Trends To COAG Energy Council 5 December 2014 Reference: EPR0040 2014 Residential Price Trends Inquiries Australian Energy Market Commission PO Box A2449

More information

AEMC Electricity Price Trends report released

AEMC Electricity Price Trends report released AEMC Electricity Price Trends report released AUSTRALIAN ENERGY MARKET COMMISSION LEVEL 5, 201 ELIZABETH STREET SYDNEY NSW 2000 T: 02 8296 7800 E: AEMC@AEMC.GOV.AU W: WWW.AEMC.GOV.AU The Australian Energy

More information

2013 Residential Electricity Price Trends

2013 Residential Electricity Price Trends FINAL REPORT 2013 Residential Electricity Price Trends 13 December 2013 Reference: EPR0036 Final Report Inquiries Australian Energy Market Commission PO Box A2449 Sydney South NSW 1235 E: aemc@aemc.gov.au

More information

Electricity Networks Service Standards: An Overview

Electricity Networks Service Standards: An Overview Electricity Networks Service Standards: An Overview A Report for the NSW Department of Premier and Cabinet 2 September 2014 Final Report HoustonKemp.com Report Author/s Ann Whitfield Tom Graham Contact

More information

Issues Paper. Investigation into Retail Prices for Non-Contestable Electricity Customers in the ACT

Issues Paper. Investigation into Retail Prices for Non-Contestable Electricity Customers in the ACT Issues Paper Investigation into Retail Prices for Non-Contestable Electricity Customers in the ACT December 2002 The Independent Competition and Regulatory Commission (ICRC) is established by the Independent

More information

Electricity network services. Long-term trends in prices and costs

Electricity network services. Long-term trends in prices and costs Electricity network services Long-term trends in prices and costs Contents Executive summary 3 Background 4 Trends in network prices and service 6 Trends in underlying network costs 11 Executive summary

More information

Possible future retail electricity price movements: 1 July 2012 to 30 June 2015

Possible future retail electricity price movements: 1 July 2012 to 30 June 2015 ELECTRICITY PRICE TRENDS FINAL REPORT Possible future retail electricity price movements: 1 July 2012 to 30 June 2015 22 March 2013 Reference: EPR0029 Electricity price trends report EMBARGO until 22 March

More information

ISBN 978-0-7246-5379-9. Copyright

ISBN 978-0-7246-5379-9. Copyright Comparison of Australian Standing Offer Energy Prices as at 1 July 2015 Printed October 2015 Office of the Tasmanian Economic Regulator Level 3, 21 Murray Street, Hobart TAS 7000 GPO Box 770, Hobart TAS

More information

2015 Retail Competition Review

2015 Retail Competition Review FINAL REPORT 2015 Retail Competition Review 30 June 2015 Reference: RPR0003 2015 Retail Competition Review Inquiries Australian Energy Market Commission PO Box A2449 Sydney South NSW 1235 E: aemc@aemc.gov.au

More information

Retail Operating Costs A REPORT PREPARED FOR THE ECONOMIC REGULATION AUTHORITY OF WESTERN AUSTRALIA. March 2012

Retail Operating Costs A REPORT PREPARED FOR THE ECONOMIC REGULATION AUTHORITY OF WESTERN AUSTRALIA. March 2012 Retail Operating Costs A REPORT PREPARED FOR THE ECONOMIC REGULATION AUTHORITY OF WESTERN AUSTRALIA March 2012 Frontier Economics Pty. Ltd., Australia. i Frontier Economics March 2012 Public Retail Operating

More information

Customer service performance of electricity retail suppliers. 1 July 2008 to 30 June 2013

Customer service performance of electricity retail suppliers. 1 July 2008 to 30 June 2013 Customer service performance of electricity retail suppliers 1 July 2008 to 30 June 2013 Electricity Information Paper December 2013 Independent Pricing and Regulatory Tribunal of New South Wales 2013

More information

2015 Retail Competition Review Approach Paper

2015 Retail Competition Review Approach Paper AGL Energy Limited ABN: 74 115 061 375 Level 22, 101 Miller St North Sydney NSW 2060 Locked Bag 1837 St Leonards NSW 2065 T: 02 9921 2999 F: 02 9921 2552 www.agl.com.au 19 February 2015 Australian Energy

More information

ENERGY RETAILERS COMPARATIVE PERFORMANCE REPORT PRICING 2013-14

ENERGY RETAILERS COMPARATIVE PERFORMANCE REPORT PRICING 2013-14 PERFORMANCE REPORT PRICING 2013-14 October 2014 An appropriate citation for this paper is: Essential Services Commission 2014, Energy retailers comparative performance report pricing 2013-14, October 2014

More information

Australian Energy Market Commission

Australian Energy Market Commission Australian Energy Market Commission Level 6, 201 Elizabeth Street Sydney NSW 2000 PO Box A2449, Sydney South NSW 1235 P 02 8296 7800 F 02 8296 7899 E aemc@aemc.gov.au ABN 49 236 270 144 www.aemc.gov.au

More information

Retailer Margins in Victoria s Electricity Market. Discussion Paper

Retailer Margins in Victoria s Electricity Market. Discussion Paper Retailer Margins in Victoria s Electricity Market Discussion Paper May 2013 An appropriate citation for this paper is: Essential Services Commission 2013, Retailer Margins in Victoria s Electricity Market

More information

Information Paper. Investigation into prices for electricity and water services in the ACT

Information Paper. Investigation into prices for electricity and water services in the ACT Information Paper Investigation into prices for electricity and water services in the ACT DECEMBER 2002 INDEPENDENT COMPETITION AND REGULATORY COMMISSION INFORMATION PAPER INVESTIGATION INTO PRICES FOR

More information

AER Submission. Competition Policy Review Draft Report

AER Submission. Competition Policy Review Draft Report AER Submission Competition Policy Review Draft Report November 2014 1 Introduction The AER is Australia s national energy regulator and an independent decision-making authority. Our responsibilities are

More information

state of the energy market 2012

state of the energy market 2012 State of the energy market 2012 state of the energy market 2012 Australian Energy Regulator Level 35, The Tower, 360 Elizabeth Street, Melbourne Central, Melbourne, Victoria 3000 Email: AERInquiry@aer.gov.au

More information

ENERGY RETAILERS COMPARATIVE PERFORMANCE REPORT PRICING 2012-13

ENERGY RETAILERS COMPARATIVE PERFORMANCE REPORT PRICING 2012-13 ENERGY RETAILERS COMPARATIVE PERFORMANCE REPORT PRICING December 2013 An appropriate citation for this paper is: Essential Services Commission 2013, Energy retailers comparative performance report pricing,

More information

Becoming an Electricity Retailer

Becoming an Electricity Retailer Becoming an Electricity Retailer RDANI is investigating renewable energy options in our region, with the view to improving business competitiveness through lower energy costs, minimising the carbon tax

More information

Issues paper. AER Retail Pricing Information Guidelines

Issues paper. AER Retail Pricing Information Guidelines Issues paper AER Retail Pricing Information Guidelines March 2010 Commonwealth of Australia 2010 This work is copyright. Apart from any use permitted by the Copyright Act 1968, no part may be reproduced

More information

Causes of residential electricity bill changes in Victoria, 1995 to 2013. prepared for: Victorian Electricity Distribution Businesses

Causes of residential electricity bill changes in Victoria, 1995 to 2013. prepared for: Victorian Electricity Distribution Businesses Causes of residential electricity bill changes in Victoria, 1995 to 2013 prepared for: Victorian Electricity Distribution Businesses DISCLAIMER This report has been prepared for the Victorian electricity

More information

Tasmanian Electricity Pricing Trends 2000-2011

Tasmanian Electricity Pricing Trends 2000-2011 Electricity Supply Industry Expert Panel Tasmanian Electricity Pricing Trends 2000-2011 Discussion Paper April 2011 Tasmanian Electricity Pricing Trends 2000-2011 Discussion Paper Electricity Industry

More information

DRAFT DETERMINATION. Review of natural gas prices

DRAFT DETERMINATION. Review of natural gas prices DRAFT DETERMINATION Review of natural gas prices April 2001 INDEPENDENT COMPETITION AND REGULATORY COMMISSION Draft Determination Review of Natural Gas Prices April 2001 Submissions Public involvement

More information

2014-15 Annual Feed in Tariff Report. Environment and Planning Directorate December 2015

2014-15 Annual Feed in Tariff Report. Environment and Planning Directorate December 2015 2014-15 Annual Feed in Tariff Report Environment and Planning Directorate December 2015 This page has been intentionally left blank. Page 2 of 10 1. Introduction This report is the first annual report

More information

2014 Retail Competition Review

2014 Retail Competition Review FINAL REPORT 2014 Retail Competition Review Reference: RPR0002 Final Report Inquiries Australian Energy Market Commission PO Box A2449 Sydney South NSW 1235 E: aemc@aemc.gov.au T: (02) 8296 7800 F: (02)

More information

Power of choice review - giving consumers options in the way they use electricity

Power of choice review - giving consumers options in the way they use electricity FINAL REPORT Power of choice review - giving consumers options in the way they use electricity 30 November 2012 Reference: EPR0022 Final Report Inquiries Australian Energy Market Commission PO Box A2449

More information

Port Jackson Partners

Port Jackson Partners Port Jackson Partners NOT JUST A CARBON HIT ON ELECTRICITY PRICES Many factors will drive a doubling of electricity prices in many states by 15. This will have a major impact on virtually all businesses.

More information

Overview 3 Electricity price increases 4 Capital and operating expenditure 6 Demand side management 7 Issues with sales/demand forecasts 8

Overview 3 Electricity price increases 4 Capital and operating expenditure 6 Demand side management 7 Issues with sales/demand forecasts 8 Overview 3 Electricity price increases 4 Capital and operating expenditure 6 Demand side management 7 Issues with sales/demand forecasts 8 2 Business SA is the State s leading business organisation, representing

More information

Review of Electricity Customer Switching

Review of Electricity Customer Switching ISSUES PAPER Review of Electricity Customer Switching 3 December 2013 Submissions due 24 December 2013. Reference: EPR0038 Issues Paper Inquiries Australian Energy Market Commission PO Box A2449 Sydney

More information

Changes in regulated electricity prices from 1 July 2012

Changes in regulated electricity prices from 1 July 2012 Independent Pricing and Regulatory Tribunal FACT SHEET Changes in regulated electricity prices from 1 July 2012 Based on Draft Determination, 12 April 2012 The Independent Pricing and Regulatory Tribunal

More information

Inquiry into Inset (or Embedded) Electricity Networks

Inquiry into Inset (or Embedded) Electricity Networks Inquiry into Inset (or Embedded) Electricity Networks Submission by the Shopping Centre Council of Australia 21 February 2013 TABLE OF CONTENTS Topic Page Executive Summary... 3 1. What is an inset scheme?...

More information

Network Pricing and Enabling Metering Analysis. Prepared by ENERGEIA for the Energy Networks Association

Network Pricing and Enabling Metering Analysis. Prepared by ENERGEIA for the Energy Networks Association Network Pricing and Enabling Metering Analysis Prepared by ENERGEIA for the Energy Networks Association November 2014 Executive Summary Rising electricity bills across the country over the past five years

More information

Rule change request. 18 September 2013

Rule change request. 18 September 2013 Reform of the distribution network pricing arrangements under the National Electricity Rules to provide better guidance for setting, and consulting on, cost-reflective distribution network pricing structures

More information

ENERGY RETAILERS COMPARATIVE PERFORMANCE REPORT PRICING 2011-12

ENERGY RETAILERS COMPARATIVE PERFORMANCE REPORT PRICING 2011-12 ENERGY RETAILERS COMPARATIVE PERFORMANCE REPORT PRICING September 2012 An appropriate citation for this paper is: Essential Services Commission 2012, Energy retailers comparative performance report pricing,

More information

Review of Competition in the Retail Electricity and Natural Gas Markets in New South Wales - Report of Interviews with Energy Retailers

Review of Competition in the Retail Electricity and Natural Gas Markets in New South Wales - Report of Interviews with Energy Retailers Report prepared for the Australian Energy Market Commission Review of Competition in the Retail Electricity and Natural Gas Markets in New South Wales - Report of Interviews with Energy Retailers Kieran

More information

APRIL 2014 ELECTRICITY PRICES AND NETWORK COSTS

APRIL 2014 ELECTRICITY PRICES AND NETWORK COSTS APRIL 2014 ELECTRICITY PRICES AND NETWORK COSTS 1 WHAT MAKES UP THE RETAIL ELECTRICITY BILL? Retail electricity bills are made up of a number of components: Wholesale costs reflecting electricity generation

More information

Electricity Regulation in Australia

Electricity Regulation in Australia Electricity Regulation in Australia AIIFL Working Paper No. 8 April 2013 Asian Institute of International Financial Law Faculty of Law The University of Hong Kong www.aiifl.com April 2013 the author. All

More information

Electricity retail businesses performance against customer service indicators in NSW

Electricity retail businesses performance against customer service indicators in NSW Independent Pricing and Regulatory Tribunal Electricity retail businesses performance against customer service indicators in NSW For the period 1 July 2007 to 30 June 2011 Electricity Information Paper

More information

Department of Energy and Water Supply. Electricity On-Supply in Queensland Discussion Paper

Department of Energy and Water Supply. Electricity On-Supply in Queensland Discussion Paper Department of Energy and Water Supply Electricity On-Supply in Queensland Discussion Paper State of Queensland, Department of Energy and Water Supply, 2013. The Queensland Government supports and encourages

More information

Clean Energy Council submission to Queensland Competition Authority Regulated Retail Electricity Prices for 2014-15 Interim Consultation Paper

Clean Energy Council submission to Queensland Competition Authority Regulated Retail Electricity Prices for 2014-15 Interim Consultation Paper Clean Energy Council submission to Queensland Competition Authority Regulated Retail Electricity Prices for 2014-15 Interim Consultation Paper Executive Summary The Clean Energy Council (CEC) supports

More information

AER Issues Paper Tariff Structure Statement Proposals Victorian Electricity Distribution Network Service Providers

AER Issues Paper Tariff Structure Statement Proposals Victorian Electricity Distribution Network Service Providers 20 January 2016 Australian Energy Regulator GPO Box 520 Melbourne VIC 3001 Via email: AERInquiry@aer.gov.au AER Issues Paper Tariff Structure Statement Proposals Victorian Electricity Distribution Network

More information

Realising the benefits of smart meters for consumers and industry

Realising the benefits of smart meters for consumers and industry Realising the benefits of smart meters for consumers and industry ERAA smart meter Working Paper 1 Suite 3, Level 5, 189 Kent Street Sydney NSW 2000 T (02) 8241 1800 E info@eraa.com.au www.eraa.com.au

More information

Submission to Australian Competition Tribunal on Application by AGL Energy Limited for merger authorisation ACT 1 of 2014

Submission to Australian Competition Tribunal on Application by AGL Energy Limited for merger authorisation ACT 1 of 2014 Submission to Australian Competition Tribunal on Application by AGL Energy Limited for merger authorisation ACT 1 of 2014 28 April 2014 57 Carrington Road Marrickville NSW 2204 Phone 02 9577 3333 Fax 02

More information

Policy options for maximising downward pressure on electricity prices

Policy options for maximising downward pressure on electricity prices Policy options for maximising downward pressure on electricity prices DISCLAIMER This report has been prepared for the following organisations - Australian Industry Group - Brotherhood St Laurence - CHOICE

More information

Residential electricity prices and energy bills 2011/12 Sydney vs Melbourne Updated with 1 January 2012 Victorian price rises

Residential electricity prices and energy bills 2011/12 Sydney vs Melbourne Updated with 1 January 2012 Victorian price rises Residential electricity prices and energy bills 2011/12 Sydney vs Melbourne Updated with 1 January 2012 Victorian price rises Prepared by System Planning and Regulation, Demand Management and Sustainability,

More information

2016 2020 Price Reset. Appendix H Service target performance incentive scheme

2016 2020 Price Reset. Appendix H Service target performance incentive scheme Appendix H Service target performance incentive scheme April 2015 Table of contents 1 SERVICE TARGET PERFORMANCE INCENTIVE SCHEME... 3 1.1 Reliability of supply targets... 3 1.2 SAIFI definition... 5 1.3

More information

Submission to the 2015 Retail Competition Review Approach Paper (RPR0003)

Submission to the 2015 Retail Competition Review Approach Paper (RPR0003) 16 February 2015 Australian Energy Market Commission PO Box A2449 Sydney South NSW 1235 Submission to the 2015 Retail Competition Review Approach Paper (RPR0003) Consumer Action Law Centre (Consumer Action)

More information

Tax on, Tax off: Electricity prices before and after the repeal of the carbon tax. Disclaimer. Alviss Consulting Pty Ltd

Tax on, Tax off: Electricity prices before and after the repeal of the carbon tax. Disclaimer. Alviss Consulting Pty Ltd Tax on, Tax off: Electricity prices before and after the repeal of the carbon tax November 214 Disclaimer The energy, tariffs and bill calculations presented in this report should be used as a general

More information

Electricity distribution service quality. Metrics and objectives: A literature survey

Electricity distribution service quality. Metrics and objectives: A literature survey Electricity distribution service quality Metrics and objectives: A literature survey August 2012 For further information about this response please contact: Luke Berry Principal Engineroom Infrastructure

More information

WHISTLEBLOWERS LEGISLATION

WHISTLEBLOWERS LEGISLATION Northern Territory Law Reform Committee Report on WHISTLEBLOWERS LEGISLATION Report No. 26 December 2002 2. Recommendations 1. The Committee recommends that, if the Legislative Assembly of the Northern

More information

NSW Business Chamber Submission to the Special Commission of Inquiry into Electricity Transactions

NSW Business Chamber Submission to the Special Commission of Inquiry into Electricity Transactions 29 June 2011 Special Commission of Inquiry Electricity PO Box A1150 SYDNEY SOUTH 1235 1. The NSW Business Chamber welcomes the opportunity to make a submission to the NSW Government s Special Commission

More information

Review of Electricity Distribution Network Minimum Service Standards and Guaranteed Service Levels to apply in Queensland from 1 July 2010

Review of Electricity Distribution Network Minimum Service Standards and Guaranteed Service Levels to apply in Queensland from 1 July 2010 Final Decision Review of Electricity Distribution Network Minimum Service Standards and Guaranteed Service Levels to apply in Queensland from 1 July 2010 April 2009 Level 19, 12 Creek Street Brisbane Queensland

More information

Energy markets current challenges for Victoria. Mark Feather Executive Director, Energy Sector Development

Energy markets current challenges for Victoria. Mark Feather Executive Director, Energy Sector Development Energy markets current challenges for Victoria Mark Feather Executive Director, Energy Sector Development Today s presentation Network tariffs drivers for reform Gas market reform Retail competition in

More information

Submission to the Essential Services Commission. Modernising Victoria s Energy Licence Framework Issues Paper

Submission to the Essential Services Commission. Modernising Victoria s Energy Licence Framework Issues Paper Submission to the Essential Services Commission Modernising Victoria s Energy Licence Framework Issues Paper Executive Summary Clean Energy Council (CEC) welcomes the review of Victoria s regulatory framework

More information

Corporate Summary. Company Background

Corporate Summary. Company Background Corporate Summary Company Background Energy Lease Pty Ltd is a new business, established in 2014 as a specialty financier and asset manager of solar energy systems and energy efficient equipment. The business

More information

Business Advisory Forum. Review of Carbon Reduction and Energy Efficiency Measures Taskforce report prepared for COAG

Business Advisory Forum. Review of Carbon Reduction and Energy Efficiency Measures Taskforce report prepared for COAG Business Advisory Forum Review of Carbon Reduction and Energy Efficiency Measures Taskforce report prepared for COAG March 2013 Table of Contents 1. INTRODUCTION... 3 1.1 COAG requests and the Business

More information

Office of the Small Business Commissioner

Office of the Small Business Commissioner Office of the Small Business Commissioner 2 Office of the Small Business Commissioner Overview NSW has a relative advantage as the most populous Australian state and home to the largest concentration of

More information

Committee on the Northern Territory s Energy Future. Electricity Pricing Options. Submission from Power and Water Corporation

Committee on the Northern Territory s Energy Future. Electricity Pricing Options. Submission from Power and Water Corporation Committee on the Northern Territory s Energy Future Electricity Pricing Options Submission from Power and Water Corporation October 2014 Power and Water Corporation 1. INTRODUCTION On 21 August 2014, the

More information

Promoting the long term interests of electricity customers. IPART s submission SCER on network policies and regulation

Promoting the long term interests of electricity customers. IPART s submission SCER on network policies and regulation Promoting the long term interests of electricity customers IPART s submission SCER on network policies and regulation Electricity October 2012 Inquiries regarding this document should be directed to a

More information

This submission is a response from Somerville Community Services Inc and UnitingCare Wesley Adelaide to the

This submission is a response from Somerville Community Services Inc and UnitingCare Wesley Adelaide to the This submission is a response from Somerville Community Services Inc and UnitingCare Wesley Adelaide to the REVIEW OF FULL RETAIL CONTESTABILITY FOR NORTHERN TERRITORY ELECTRICITY CUSTOMERS Issues Paper

More information

Response to the Energy White Paper Issues Paper PREPARED BY EMC ENGINEERING FOR THE AUSTRALIAN GOVERNMENT DEPARTMENT OF INDUSTRY

Response to the Energy White Paper Issues Paper PREPARED BY EMC ENGINEERING FOR THE AUSTRALIAN GOVERNMENT DEPARTMENT OF INDUSTRY Response to the Energy White Paper Issues Paper PREPARED BY EMC ENGINEERING FOR THE AUSTRALIAN GOVERNMENT DEPARTMENT OF INDUSTRY i P a g e www.energym adeclean.com CONTENTS

More information

Email: COAGTaskforce@finance.gov.au. Re: COAG Taskforce on regulatory and competition reform

Email: COAGTaskforce@finance.gov.au. Re: COAG Taskforce on regulatory and competition reform Ms Susan Page COAG Taskforce Secretariat Deregulation Group Department of Finance and Deregulation John Gorton Building, King Edward Terrace PARKS ACT 2600 Email: COAGTaskforce@finance.gov.au Re: COAG

More information

Complaint Management and Dispute Resolution Policy- Red Energy

Complaint Management and Dispute Resolution Policy- Red Energy Complaint Management and Dispute Resolution Policy- Red Energy 1. Overview Red Energy is committed to providing a clear, effective and open Complaint Management Process for its customers and staff. Ideally,

More information

Department of Treasury and Finance. Northern Territory Electricity Market Reform. Information Paper

Department of Treasury and Finance. Northern Territory Electricity Market Reform. Information Paper Department of Treasury and Finance Northern Territory Electricity Market Reform Information Paper February 2014 Introduction As part of the 2012 Mini Budget, the Northern Territory Government commenced

More information

I write in response to your request for feedback on SAPN s electricity tariff reforms. Executive Summary

I write in response to your request for feedback on SAPN s electricity tariff reforms. Executive Summary ABN 14 725 309 328 Level 1, 136 Greenhill Road Unley SA 5061 Telephone (08) 8300 0000 Fax 08 8300 0001 Email customerservice@business-sa.com www.business-sa.com 23 October 2015 Ms Jessica Vonthehoff Communications

More information

Changes in regulated gas prices from 1 July 2013

Changes in regulated gas prices from 1 July 2013 Independent Pricing and Regulatory Tribunal FACT SHEET Changes in regulated gas prices from 1 July 2013 Based on Final Report 17 June 2013 The Independent Pricing and Regulatory Tribunal (IPART) is responsible

More information

Australia & New Zealand. Return to Work Monitor 2011/12. Heads of Workers Compensation Authorities

Australia & New Zealand. Return to Work Monitor 2011/12. Heads of Workers Compensation Authorities Australia & New Zealand Return to Work Monitor 2011/12 Prepared for Heads of Workers Compensation Authorities July 2012 SUITE 3, 101-103 QUEENS PDE PO BOX 441, CLIFTON HILL, VICTORIA 3068 PHONE +613 9482

More information

Customer Charter. About CovaU Pty Ltd. This Customer Charter. Thank you for choosing CovaU.

Customer Charter. About CovaU Pty Ltd. This Customer Charter. Thank you for choosing CovaU. Customer Charter About CovaU Pty Ltd Thank you for choosing CovaU. What is simple about your energy bills? Not much at the moment, but here at CovaU we are changing things. At CovaU our business is about

More information

ISSUES PAPER LEGAL REPRESENTATION AND JURISDICTIONAL LIMIT IN SMALL CLAIMS

ISSUES PAPER LEGAL REPRESENTATION AND JURISDICTIONAL LIMIT IN SMALL CLAIMS DEPARTMENT OF THE ATTORNEY-GENERAL AND JUSTICE ISSUES PAPER LEGAL REPRESENTATION AND JURISDICTIONAL LIMIT IN SMALL CLAIMS June 2013 Legal Policy Division Department of the Attorney-General and Justice

More information

NSW Fair Trading Response to CHOICE Super Complaint on Electricity Switching Websites

NSW Fair Trading Response to CHOICE Super Complaint on Electricity Switching Websites NSW Fair Trading Response to CHOICE Super Complaint on Electricity Switching Websites Monday, July 02, 2012 NSW Fair Trading NSW Department of Finance & Services State of New South Wales, through NSW Fair

More information

Causes of residential electricity bill changes in Victoria, 1995 to 2014. prepared for: Victorian Electricity Distribution Businesses

Causes of residential electricity bill changes in Victoria, 1995 to 2014. prepared for: Victorian Electricity Distribution Businesses Causes of residential electricity bill changes in Victoria, 1995 to 2014 prepared for: Victorian Electricity Distribution Businesses DISCLAIMER This report has been prepared for the Victorian Electricity

More information

Review of the Energy Savings Scheme. Position Paper

Review of the Energy Savings Scheme. Position Paper Review of the Energy Savings Scheme Position Paper October 2015 Contents Executive summary... 3 Energy Savings Scheme Review Report package... 3 Expanding to gas... 3 Target, penalties and duration...

More information

Defence Housing Australia

Defence Housing Australia Defence Housing Australia Australian Government Competitive Neutrality Complaints Office Investigation No. 13 COMMONWEALTH OF AUSTRALIA 2008 ISBN 978 1 74037 251 0 This work is subject to copyright. Apart

More information

10/11. Annual Performance Report South Australian Energy Supply Industry

10/11. Annual Performance Report South Australian Energy Supply Industry 10/11 November Annual Performance Report South Australian Energy Supply Industry 2011 The Essential Services Commission of South Australia Level 8, 50 Pirie Street Adelaide SA 5000 GPO Box 2605 Adelaide

More information

COMMONWEALTH GOVERNMENT RESPONSE TO THE PRODUCTIVITY COMMISSION INQUIRY: THE MARKET FOR RETAIL TENANCY LEASES IN AUSTRALIA

COMMONWEALTH GOVERNMENT RESPONSE TO THE PRODUCTIVITY COMMISSION INQUIRY: THE MARKET FOR RETAIL TENANCY LEASES IN AUSTRALIA COMMONWEALTH GOVERNMENT RESPONSE TO THE PRODUCTIVITY COMMISSION INQUIRY: THE MARKET FOR RETAIL TENANCY LEASES IN AUSTRALIA August 2008 SUMMARY 1. The former Treasurer asked the Productivity Commission

More information

PAYMENTS TO STATES AND TERRITORIES UNDER THE NATIONAL COMPETITION POLICY FOR 1997-98

PAYMENTS TO STATES AND TERRITORIES UNDER THE NATIONAL COMPETITION POLICY FOR 1997-98 Attachment A ATTACHMENT A PAYMENTS TO STATES AND TERRITORIES UNDER THE NATIONAL COMPETITION POLICY FOR 1997-98 Under the Agreement to Implement the National Competition Policy and Related Reforms, the

More information

Queensland s Unsustainable Electricity Pricing Methodology

Queensland s Unsustainable Electricity Pricing Methodology Queensland s Unsustainable Electricity Pricing Methodology Submission to the QCA and Queensland Government in relation to the 2011-12 BRCI Electricity Price Determination 10 February 2011 Page 1 of 12

More information

August 2014. Industry Report: SolarBusinessServices. Solar Businesses in Australia. Prepared for: Rec Agents Association

August 2014. Industry Report: SolarBusinessServices. Solar Businesses in Australia. Prepared for: Rec Agents Association August 2014 Prepared by: Industry Report: SolarBusinessServices Prepared for: Solar Businesses in Australia Rec Agents Association P a g e 1 RAA Industry Report Solar Businesses in Australia Final 2014

More information

Reducing electricity costs through Demand Response in the National Electricity Market

Reducing electricity costs through Demand Response in the National Electricity Market Reducing electricity costs through Demand Response in the National Electricity Market A report funded by EnerNOC CME is an energy economics consultancy focused on Australia's electricity, gas and renewables

More information

Code of Conduct for Marketing Retail Energy in Victoria

Code of Conduct for Marketing Retail Energy in Victoria Code of Conduct for Marketing Retail Energy in Victoria January 2009 TABLE OF CONTENTS Page INTRODUCTION...1 1. MARKETING REPRESENTATIVES - TRAINING...3 2. CONTACT WITH CONSUMERS...4 2.1 Personal contact...4

More information

2 March 2015. Mutual Recognition Schemes Study Productivity Commission Locked Bag 2 Collins Street East MELBOURNE VIC 8003

2 March 2015. Mutual Recognition Schemes Study Productivity Commission Locked Bag 2 Collins Street East MELBOURNE VIC 8003 2 March 2015 Mutual Recognition Schemes Study Productivity Commission Locked Bag 2 Collins Street East MELBOURNE VIC 8003 Sent via email to: mutual.recognition@pc.gov.au Dear Commissioner, Master Electricians

More information

REDUCING THE PAYROLL TAX BURDEN STEVEN MARSHALL MP, STATE LIBERAL LEADER IAIN EVANS MP, SHADOW TREASURER

REDUCING THE PAYROLL TAX BURDEN STEVEN MARSHALL MP, STATE LIBERAL LEADER IAIN EVANS MP, SHADOW TREASURER REDUCING THE PAYROLL TAX BURDEN STEVEN MARSHALL MP, STATE LIBERAL LEADER IAIN EVANS MP, SHADOW TREASURER The State Liberals will reduce the pressure of Payroll Tax on business and get South Australia s

More information

About CovaU Pty Ltd. This Customer Charter. Thank you for choosing CovaU.

About CovaU Pty Ltd. This Customer Charter. Thank you for choosing CovaU. [CUSTOMER CHARTER] About CovaU Pty Ltd Thank you for choosing CovaU. What is simple about your energy bills? Not much at the moment, but here at CovaU we are changing things. At CovaU our business is about

More information

INDEPENDENT PRICING AND REGULATORY TRIBUNAL OF NEW SOUTH WALES

INDEPENDENT PRICING AND REGULATORY TRIBUNAL OF NEW SOUTH WALES INDEPENDENT PRICING AND REGULATORY TRIBUNAL OF NEW SOUTH WALES QUALITY OF SERVICE INDICATORS FOR NEW SOUTH WALES ELECTRICITY RETAIL SUPPLIERS 1999-00 to 2001-02 1 1 INTRODUCTION New South Wales is a member

More information

CABINET COVER SHEET. Minister for Energy. 1996 to implement key aspects of. of consumer protection arrangements. for small electricity consumers,

CABINET COVER SHEET. Minister for Energy. 1996 to implement key aspects of. of consumer protection arrangements. for small electricity consumers, 7-02- CABINET COVER SHEET MEN 02/0001 1. TITLE: Amendments to Electricity Act 1996 to facilitate electricity Full Retail Competition ("FRC"). 2. MINISTER: Hon Patrick Conlon MP Minister for Energy 3. PURPOSE:

More information

Energy and Water Ombudsman Amendment Bill 2015

Energy and Water Ombudsman Amendment Bill 2015 Energy and Water Ombudsman Amendment Bill 2015 Explanatory Notes Short title The short title of the Bill is the Energy and Water Ombudsman Amendment Bill 2015. Policy objectives and the reasons for them

More information

GREEN ELECTRICITY WATCH 2007 BUSINESS PRODUCTS

GREEN ELECTRICITY WATCH 2007 BUSINESS PRODUCTS GREEN ELECTRICITY WATCH 2007 BUSINESS PRODUCTS Jay Rutovitz Sustainable Energy Consultant 39 St Thomas Street Bronte, NSW 2024 Email: jay.rutovitz@optusnet.com.au Phone: (02) 9665 1593 Fax: (02) 9340 1103

More information

Hardship Policy Reference Document

Hardship Policy Reference Document Hardship Policy Reference Document Purpose The purpose of this program is to identify customers that may be experiencing difficulties due to unforeseen events that fundamentally alter the customer s ability

More information

Individual members of ADMA will address other aspects of the Consultation Paper.

Individual members of ADMA will address other aspects of the Consultation Paper. 20 March 2009 SCOCA Australian Consumer Law Consultation Competition and Consumer Policy Division Treasury Langton Crescent PARKES, ACT 2600 Via email: australianconsumerlaw@treasury.gov.au Dear SCOCA,

More information

OVERVIEW OF THE VICTORIAN SMART METER PROGRAM

OVERVIEW OF THE VICTORIAN SMART METER PROGRAM OVERVIEW OF THE VICTORIAN SMART METER PROGRAM A MANDATED SMART METER ROLL- OUT 2 April 2015 (Draft) This report has been completed as part of the New Zealand Smart Grid Forum s Workstream D Facilitating

More information

Solar feed-in tariffs

Solar feed-in tariffs Independent Pricing and Regulatory Tribunal Solar feed-in tariffs Setting a fair and reasonable value for electricity generated by small-scale solar PV units in NSW Energy Final Report March 2012 Solar

More information

From: Sent: To: Cc: Subject: misnamed Better Regulation

From: Sent: To: Cc: Subject: misnamed Better Regulation From: Trevor St Baker [mailto:tstbaker@ermpower.com.au] Sent: Wednesday, 11 September 2013 7:15 PM To: Rate of Return Cc: Reeves, Andrew; Tony Bellas - External; Philip St Baker Subject: FW: Finding solutions

More information

Understanding what is happening to electricity demand

Understanding what is happening to electricity demand Understanding what is happening to electricity demand Hugh Saddler Centre for Climate Economics and Policy Seminar Crawford School, ANU 26 August 2015 TWh TWh Changes in sent out electricity since 2006

More information

ActewAGL Distribution Submission to the Australian Energy Regulator for the period 2016-2021

ActewAGL Distribution Submission to the Australian Energy Regulator for the period 2016-2021 CONSUMER SUMMARY ActewAGL Distribution Submission to the Australian Energy Regulator for the period 2016-2021 The Gas Network - Our 5 Year Plan Inside Our 2016-21 Plan What makes up your gas bill? Our

More information

ENERGY CONTRACT Management PACIA August 2010

ENERGY CONTRACT Management PACIA August 2010 ENERGY CONTRACT Management PACIA August 2010 Mark Searle Principal Consultant marks@thekeygroup.com.au (03) 9885 2633 100118 1 KEY ENERGY & RESOURCES Specialist energy management consultancy Negotiate

More information

COMMINSURE HOME INSURANCE PREMIUM, EXCESS AND DISCOUNT GUIDE.

COMMINSURE HOME INSURANCE PREMIUM, EXCESS AND DISCOUNT GUIDE. COMMINSURE HOME INSURANCE PREMIUM, EXCESS AND DISCOUNT GUIDE. This document provides you with information to help you understand how your total premium has been calculated, discounts that are available

More information

Gas Prices Fact Sheet Lumo Advantage Prices included in this fact sheet are effective from 30 July 2012. Offer Details:

Gas Prices Fact Sheet Lumo Advantage Prices included in this fact sheet are effective from 30 July 2012. Offer Details: Gas Prices Fact Sheet Lumo Advantage Prices included in this fact sheet are effective from 30 July 2012. Offer Details: Discount: Eligibility: This offer is for the Lumo Advantage Market Gas Contract.

More information