The IAP play a critical role as a constructive source of feedback and advice for the Energy Charter signatories, and in raising the bar for better outcomes for consumers.
Any potential solution to issues of minimum load must be designed in consumers’ best interests, including ensuring social licence is gained and maintained.
The lack of clarity on how competition benefits interact with DER and the electrification already assumed in scenarios underline the need for a more exhaustive consultative and evidence-finding process
Addressing the barriers and complexities that exist for consumers and industry with regards to a heavily regulated energy bill is long overdue. However, we see an opportunity to further guide best practice through the following methods.
The Code introduces the Default Market Offer (DMO) which places a price cap on standing offers in DMO jurisdictions and acts as a Reference Price for comparing certain electricity prices.
In our view, accelerating the completion of a national smart meter roll out is now urgent.
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