The AEMC today invited stakeholder feedback on our approach to the 2017 review on the state of competition in retail energy markets in the Australian Capital Territory, New South Wales, Queensland, South Australia, Tasmania and Victoria.

This is the fourth annual review carried out for the Council of Australian Governments’ Energy Council to support the commitment made by all states and territories to deregulate retail energy prices where effective competition can be demonstrated.

The review focuses on small customers in retail energy markets, which includes residential and small business consumers. It will consider how competition is evolving and provide an overview of the current state and future development of retail competition across the National Electricity Market (NEM). It will also identify and discuss any NEM-wide issues affecting competition. 

The AEMC has published an information sheet on the proposed scope and approach for the review. While we are not seeking stakeholder submissions, we welcome comments on our scope and approach. Comments can be provided by contacting Alan Rai or Lisa Shrimpton by 15 February 2017 (contact details below):

AEMC Director, Alan Rai (02) 8296 0600 or alan.rai@aemc.gov.au

AEMC Senior Advisor Lisa Shrimpton (02) 8296 7876 or lisa.shrimpton@aemc.gov.au

The Commission’s final report is due to be published by 30 June 2017.