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Terms of reference
Now complete
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Issues paper
Now complete
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Submissions to the issues paper
Now complete
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Draft report
Now complete
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Public hearing
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Submissions to the draft report
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Final report
The commission will determine a price direction for standing offer electricity prices for small customers from 1 July 2024 – 30 June 2027
On 1 June 2023, we received terms of reference to investigate and determine a price direction for the supply of electricity to small customers.
You can follow the investigation on our website and get involved via submissions, surveys and public hearings throughout the investigation.
Submissions to the draft report
| Document Name | Type | Size | Published date |
|---|---|---|---|
| ActewAGL Submission to draft report | 261.9 KB | 21 Mar 2024 | |
| ACTCOSS Submission to draft report | 410.9 KB | 21 Mar 2024 | |
| Red and Lumo submission to draft report | 98.7 KB | 21 Mar 2024 |
Release of Draft Report and Proposed Price Direction: Retail electricity price investigation 2024-27
On 29 January 2024, the commission released its draft decision and proposed price direction on the 2024-27 retail electricity price investigation.
A copy of the draft report, the proposed price direction, media release and proposed statement of reasons are available below.
As part of the investigation, the commission engaged Frontier Economics to provide advice on the methodology to determine energy purchase cost, retail operating cost and retail margin. A copy of Frontier Economics’ report is available below .
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 Thursday, 29 February 2024.
If you want to comment on the draft report without making a formal submission, you can make a short submission or give feedback online HERE.
A public hearing will be held 10am 7 February 2024 online or in person at the Innovation Centre, Level 2 Nara Centre, 3 Constitution Avenue.
If you would like to attend the public hearing online please email icrc@act.gov.au
| Document Name | Type | Size | Published date |
|---|---|---|---|
| Draft Report | 2.0 MB | 29 Jan 2024 | |
| Proposed Price Direction | 965.9 KB | 29 Jan 2024 | |
| Proposed statement of reasons | 254.3 KB | 29 Jan 2024 | |
| Media Release | 219.4 KB | 29 Jan 2024 | |
| Frontier Economics final report Retail electricity price investigation 2024-27 | 2.0 MB | 29 Jan 2024 |
YourSay Survey Results
This report presents the findings of the Independent Competition and Regulatory Commission (ICRC) electricity survey.
| Document Name | Type | Size | Published date |
|---|---|---|---|
| YourSay Survey | 403.2 KB | 2 Nov 2023 |
Submissions to the issues paper
| Document Name | Type | Size | Published date |
|---|---|---|---|
| Submission 6 - Red and Lumo Energy | 126.9 KB | 2 Aug 2000 | |
| Submission 5 - EnergyAustralia submission | 203.7 KB | 2 Aug 2000 | |
| Submission 7 - Conservation Council-ACT | 243.2 KB | 2 Aug 2000 | |
| Submission 1 - Origin Energy | 133.4 KB | 2 Aug 2000 | |
| Submission 2 - ACTCOSS | 376.3 KB | 2 Aug 2000 | |
| Submission 3 - ACTCOSS Care COTA | 116.8 KB | 2 Aug 2000 | |
| Submission 4 - ActewAGL | 477.8 KB | 2 Aug 2000 |
Release of Issues Paper: Electricity price investigation
On Tuesday 1 August 2023, the commission released an issues paper seeking feedback on the 2024-27 electricity price investigation.
A copy of the issues paper and media release is available below.
Submission on the issues paper close on Thursday 31 August 2023.
Make a short submission or give feedback
| Document Name | Type | Size | Published date |
|---|---|---|---|
| Issues Paper 2024-27 | 931.3 KB | 1 Aug 2023 | |
| Media Release | 182.2 KB | 1 Aug 2023 |
Commission receives terms of reference to determine supply to small customers
| Document Name | Type | Size | Published date |
|---|
Industry reference and terms of reference for investigation
| Document Name | Type | Size | Published date |
|---|---|---|---|
| Instrument as notified | 253.1 KB | 1 Aug 2023 | |
| Explanatory statement | 191.8 KB | 1 Aug 2023 |
On 1 June 2023, we received an industry reference under section 15(1)(a) of the Independent Competition and Regulatory Commission Act 1997 to investigate and determine a price direction for the supply of electricity to small customers on standard retail contracts. The terms of reference for the investigation outline specific matters and issues we are required to consider in the investigation.
The price direction will determine 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 2024 to 30 June 2027.
The industry reference and terms of reference and explanatory statement are available here.