Energy Consumers Australia understands that, at the request of the Prime Minister, the GMRG and the Australian Competition and Consumer Commission (ACCC) are currently collaborating to identify information gaps in the gas market as well as steps that could be taken to improve transparency and reduce information asymmetries faced by some market participants. In that context, a range of possible transparency measures have been identified by GMRG and the ACCC along the supply chain and are currently the subject of consultation (“the transparency measures”).
We appreciate the opportunity to comment on the transparency measures. Energy Consumers Australia is the national voice for residential and small business energy consumers. Established by the Council of Australian Governments Energy Council (the Energy Council) in 2015, our objective is to promote the long-term interestsof energy consumers with respect to price, quality, reliability, safety and security of supply.
In our submission are our general comments on the transparency measures followed by specific comments regarding the design and implementation of the particular transparency measures that have been proposed.
Our full submission can be read here.