On 9 September 2016, Weston Energy Pty Ltd (Weston Energy) was authorised by the Australian Energy Regulator (AER) to sell gas in accordance with section 92 of the National Energy Retail Law (Retail Law).
With effect from 6am on Tuesday 24 May 2022, Weston Energy was suspended from the Short Term Trading Market (STTM) by the Australian Energy Market Operator (AEMO) for failing to comply with AEMO requirements. This constituted a Retailer of Last Resort (RoLR) event under the Retail Law.
Under section 142 of the Retail Law, the AER revoked Weston Energy's gas retailer authorisation (AER reference G16004) on 24 May 2022. This means that, for the purposes of section 88 of the Retail Law, Weston Energy must not sell gas to a person for premises in New South Wales, Queensland, the Australian Capital Territory or South Australia.
On 31 May 2022, the AER amended the RoLR notice in relation to Weston Energy.