Market Review: Completed
Overview
On 15 June 2018 the AEMC released its fifth annual review of retail energy competition in the national electricity market.
View more
On 15 June 2018 the AEMC released its fifth annual review of retail energy competition in the national electricity market.
This report looks at:
- the state of retail competition
- outcomes for residential, and small and medium business consumers
- what needs to happen to enhance and improve outcomes in the future.
To consider the overall effectiveness of competition in retail energy markets, the review applies a range of market measures and indicators against a structure-conduct-performance framework.
In summary the report has found that:
- competition continues to develop
- consumer satisfaction and confidence in the energy market are down following wholesale energy price rises from 1 July 2017.
- discounting remains the predominant way of competing
- consumers are taking matters into their own hands and adopting new technology.
The AEMC has launched a microsite to assist in navigating the annual report.
AEMC Director, Michael Bradley (02) 8296 7868 or Michael.Bradley@aemc.gov.au
AEMC Advisor, Prabpreet Calais (02) 8296 0605 or Prabpreet.Calais@aemc.gov.au
Documentation
Final
Initiation