The Ministerial Council on Energy (MCE) has asked the AEMC to report on trends in residential electricity price movements over the next three years, following a request for this report from the Council of Australian Governments. On 10 June 2011, the AEMC published its ‘Future Possible Retail Electricity Price Movements: 1 July 2010 to 30 June 2013' report. This report sets out future possible retail electricity prices and the drivers of these prices at a national level and in each state and territory in Australia from 2010-11 to 2012-13. Actual electricity prices and cost components in 2009-2010 have been used as a base year for comparison.
This report was submitted to the MCE on 30 November 2010. Since then a number of price determinations and policy announcements have occurred and, as a result, some of the data in the report is now outdated.