Energy Consumers Australia (ECA) welcomes the opportunity to make a submission in response to the Australian Energy Market Commission’s (AEMC) draft rule determination on meter read and billing frequency.
ECA does not support the proposed “more preferable” rule. The rule change should not to be progressed, both to avoid the very real risk of the intervention having unintended consequences, and to allow the networks and the other market participants to find a more innovative and market-based solution to these issues.
In evaluating this draft rule determination, we have had regard to how it might promote the long term interests of consumers (LTIC): the principle objective of the Australian Energy Markets Agreement (AEMA) and the basis of the rule making tests for changes to the National Energy Retail Law (NERL) and National Energy Retail Rules (NERR). Promoting the LTIC, in particular for residential and small business customers, is also the objective specified for ECA in its constitution.
The full submission can be read here.