Retail Electricity Prices 2017-20


Commission Determines Retail Electricity Prices for Small Customers

On Wednesday, 7 June 2017, the Commission announced its final decision on standing offer prices for the supply of electricity to small customers to apply in the ACT from 1 July 2017 on ActewAGL Retail regulated tariffs.

A copy of the Commission’s report and media release is available below:

( Document Name Type Size Published date )
Report 6 of 2017: Final Report - Standing Offer Prices for the Supply of Electricity to Small Customers from 1 July 2017 (June 2017)PDF2 MB07/06/2017
Report 6 of 2017: Final Report - Standing Offer Prices for the Supply of Electricity to Small Customers from 1 July 2017 (June 2017)DOCX5 MB07/06/2017
Report 7 of 2017: Price Direction - Standing offer prices for the supply of electricity to small customers from 1 July 2017PDF337 KB07/06/2017
Report 7 of 2017: Price Direction - Standing offer prices for the supply of electricity to small customers from 1 July 2017DOCX251 KB07/06/2017
Media release - Reports 6 and 7 of 2017 - Retail electricity Final Report and Price DirectionPDF717 KB07/06/2017

Public Hearing

On Wednesday, 3 May 2017, the Independent Competition and Regulatory Commission (the Commission) held a public hearing on the Draft Report – Standing Offer Prices for the Supply of Electricity to Small Customers from 1 July 2017.

The public hearing was held at the Waldorf on London, 2 Akuna Street, Canberra City from 3.00pm to 5:00pm.

A copy of the transcript of proceedings can be found below.

( Document Name Type Size Published date )
Public Hearing transcript of proceedings on Draft ReportPDF217 KB09/05/2017

Release of Draft report: Standing offer prices for the supply of electricity to small customers from 1 July 2017 to 30 June 2020

The Commission released a draft report and proposed price direction on 28 March 2017 for the standing offer prices for the supply of electricity to small customers on ActewAGL Retail’s regulated tariffs from 1 July 2017. A copy of the draft report, the proposed price direction, media release and statement of reasons are available below.

A copy of the terms of reference for the price investigation is available at:

http://www.legislation.act.gov.au/di/2016-138/current/pdf/2016-138.pdf

Written submissions on the draft report are invited. A submission coversheet is available here. The closing date for written submissions on the draft report is Friday, 28 April 2017.

( Document Name Type Size Published date )
Report 1 of 2017: Draft Report - Standing Offer Prices for the Supply of Electricity to Small Customers from 1 July 2017 (March 2017)PDF3 MB28/03/2017
Report 2 of 2017: Proposed Price Direction - Standing offer prices for the supply of electricity to small customers from 1 July 2017 PDF342 KB28/03/2017
Report 1 of 2017: Draft Report - Standing Offer Prices for the Supply of Electricity to Small Customers from 1 July 2017 (March 2017)DOCX6 MB28/03/2017
Report 2 of 2017: Proposed Price Direction - Standing offer prices for the supply of electricity to small customers from 1 July 2017 DOCX247 KB28/03/2017
Statement of reasons - Retail Electricity draft reportPDF238 KB28/03/2017
Media release - Reports 1 and 2 of 2017 - Retail electricity Draft Report and Proposed Price DirectionPDF471 KB28/03/2017

Submissions – Draft Report

( Document Name Type Size Published date )
Submission 1 (27 April 2017) ACT ECPCSPDF315 KB28/04/2017
Submission 2 (28 April 2017) Dr Shane WestPDF1 MB28/04/2017
Submission 3 (28 April 2017) ActewAGL RetailPDF1 MB27/04/2017
Submission 4 (1 May 2017) AGL Energy LimitedPDF187 KB01/05/2017
Submission 5 (2 May 2017) Origin Energy LimitedPDF164 KB02/05/2017
Submission 6 (18 April 2017) Wildlife Carers GroupPDF7 KB18/04/2017

Commission Releases Issues Paper on Retail Electricity Prices for Small Customers

The Commission today released an issues paper on standing offer prices for the supply of electricity to small customers as the first step in determining retail electricity prices to apply in the ACT from 1 July 2017.

A copy of the issues paper and media release is available below:

( Document Name Type Size Published date )
Report 7 of 2016: Issues Paper - Framework and Approach - Standing Offer Prices for the Supply of Electricity to Small Customers from 1 July 2017 (October 2016)PDF1 MB24/10/2016
Report 7 of 2016: Issues Paper - Framework and Approach - Standing Offer Prices for the Supply of Electricity to Small Customers from 1 July 2017 (October 2016)DOCX2 MB24/10/2016
Media Release - Report 7 of 2016 (October 2016)PDF207 KB24/10/2016

Submissions – Issues Paper

( Document Name Type Size Published date )
Submission 1 (30 November 2016) AGL Energy LtdPDF206 KB30/11/2016
Submission 2 (30 November 2016) ActewAGL RetailPDF2 MB30/11/2016
Submission 3 (30 November 2016) Origin EnergyPDF166 KB30/11/2016
Submission 4 (30 November 2016) AECPDF271 KB30/11/2016
Submission 5 (14 December 2016) EPSDDPDF946 KB19/12/2016
Submission 6 (14 December 2016) ACATPDF237 KB19/12/2016

Commission Receives Terms of Reference to Determine Retail Electricity Prices from 1 July 2017

On 22 June 2016, the Commission received a terms of reference from the Treasurer to determine a price direction for standing offer prices for the supply of electricity to small customers who consume less than 100 MWh of electricity over any period of 12 consecutive months. The price direction will be for the period 1 July 2017 to 30 June 2020.

The terms of reference is available at http://www.legislation.act.gov.au/di/2016-138/current/pdf/2016-138.pdf

The Commission intends to publish an issues paper in October 2016. The issues paper will set out the proposed timetable for the price investigation that will result in the price direction and will call for submissions from interested parties.