Consumer Action has provided comment on the Australian Energy Market Commission’s (the AEMC) 2014 Retail Competition Review Approach Paper.
We welcome ongoing reviews of competition within retail markets across the National Electricity Market, and the early consultation undertaken by the AEMC. In Victoria, the market has changed significantly since the last review of competition. At that time, despite the finding that competition was effective in both electricity and gas markets, we were concerned that there was no mechanism to review the impact of that decision, particularly the deregulation of retail prices. This review provides an opportunity to consider whether competition remains effective.
A full copy of our submission is available by clicking: AEMC’s 2014 Retail Competition Review.