Power Club Limited granted electricity retailer authorisation

On 27 November 2017, the Australian Energy Regulator (AER) approved an electricity retailer authorisation application from Power Club Limited (Power Club) under the National Energy Retail Law (Retail Law). Power Club is now authorised to retail electricity as an when the Retail Law is adopted in each participating jurisdiction.

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Power Club Limited - authorised electricity retailer

On 27 November 2017, the AER approved an electricity retailer authorisation application from Power Club Limited (Power Club) under the National Energy Retail Law (Retail Law).

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AER publishes information to help consumers understand their rights when getting a smart meter

The AER has today published a factsheet to help consumers understand the circumstances in which they will get a smart meter when new rules to expand competition in metering commence in December 2017.

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AER invites further expressions of interest to join its consumer reference group

To assist in our review of the rate of return guideline, we have appointed a consumer reference group. Our rate of return guideline (Guideline) sets out the approach by which we will estimate the rate of return, and comprises the return on debt and the return on equity, as well as the value of imputation credits.

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AER invites expressions of interest to join its investor reference group

To assist in the AER’s review of our rate of return guideline, we encourage interested investors to participate in our planned investor reference group (IRG).

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AER invites expressions of interest to join its retailer reference group

To assist in the AER’s review of our rate of return guideline, we encourage interested retailers to participate in our planned retailer reference group (RRG).

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AER finalises its position on the process for reviewing the rate of return guidelines

On 28 November 2017, we released our positions paper on the process for reviewing the rate of return guideline (Guideline). In particular, it describes how we will implement: The independent panel review of our draft guideline; the concurrent expert evidence sessions and the consumer reference group.

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Review of rate of return guideline

On 28 November 2017, we released our positions paper on the process for reviewing the rate of return guideline (Guideline).

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Electricity report 5 - 11 November 2017

The AER continuously monitors the wholesale gas and electricity markets. The AER has published an Electricity Weekly Report. It covers activity in the wholesale market in the National Electricity Market and relevant financial markets.

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Apex Energy Holdings Pty Ltd - application for electricity retailer authorisation

Submissions on Apex Energy's application closed 21 November 2017. One submission was received and is now available on our website.

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Access to dispute resolution services for exempt customers - June 2017

After considering stakeholder submissions to our June 2017 issues paper, we have finalised our policy position on this issue. We explain our position to expand energy ombudsman access to residential exempt customers in the Notice of Draft Instrument: AER (Retail) Exempt Selling Guideline - Version 5. The Draft AER (Retail) Exempt Selling Guideline was published on 6 November 2017 and is currently open for consultation.

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Posted
AuthorRay Dennis