On 1 June 2012, the Australian Energy Regulator (AER) approved applications from Alinta Energy Retail Sales Pty Ltd (AERS) for electricity and gas retailer authorisation under the National Energy Retail Law. The retailer authorisations will come into effect on 1 July 2012.
AERS is a wholly owned subsidiary of Alinta Energy Finance Pty Ltd (Alinta Energy), where Alinta Energy owns generation assets throughout the National Electricity Market and in Western Australia. AERS currently sells energy to small and large customers in South Australia and Victoria. Alinta Energy also sells electricity in Victoria under Neighbourhood Energy Pty Ltd.
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 Tuesday 15 May 2012. No submissions were received.