The Australian Energy Regulator (AER) has today released draft Performance Reporting Procedures and Guidelines developed under the new National Energy Retail Law (Retail Law).
Under the Retail Law, the AER will be responsible for monitoring and reporting on the performance of regulated entities. To support this new role, the AER is empowered to develop Performance Reporting Procedures and Guidelines.
The AER commenced consultation on approaches to performance monitoring and reporting with the release of issues papers in April and June 2010, and a position paper including proposed reporting requirements in November 2010. These papers, and written submissions received in response to them, are available on the AER's website.
The AER has used the earlier consultation to develop the draft guideline released with this notice. This notice and the draft guideline have been published on the AER's website in accordance with the retail consultation procedure set out in cl. 173 of the National Energy Retail Rules.
This will be the last round of consultation prior to release of the final document. The finalised document is expected to be released later this year.
How to make submissions
The AER invites comments on the draft guideline by 3 June 2011. This consultation will inform the AER’s approach to performance reporting under the National Energy Retail Law and Rules and the development of the final guideline.
Submissions should be sent electronically to: AERInquiry
aer [dot] gov [dot] au (AERInquiry[at]aer[dot]gov[dot]au) with the title “Draft AER Performance Reporting Procedures and Guidelines – attn. Lynley Jorgensen”.