On 20 July 2012, the Australian Energy Regulator (AER) approved applications from Metered Energy Holdings Pty Ltd (MEH) for electricity and gas retailer authorisation under the National Energy Retail Law. MEH is authorised to retail electricity and gas as and when the National Energy Retail Law is adopted in each participating jurisdiction.
MEH operates as an energy on-seller in Queensland, providing electricity, gas, and other services in embedded networks (medium-high density and mixed use buildings). It was granted electricity and gas licences in New South Wales in 2011 and intends to expand to other major cities across the NEM.
The AER sought public submissions in relation to the applicant’s ability to meet the entry criteria, as prescribed by section 90 of the Retail Law, and set out in the AER’s Retailer authorisation guideline. Consultation on the applications closed on Friday 8 June 2012. No submissions were received.