On 28 May 2019, 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 2020 to 30 June 2024.
The Terms of Reference also require the Commission to consider whether changes could be made in the Territory to promote improved transparency and comparability of electricity price offers.
The terms of reference is available at https://www.legislation.act.gov.au/View/di/2019-72/current/PDF/2019-72.PDF.
The Commission intends to publish an issues paper that 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.