On 8 October 2020 the ministerial forum of Energy Ministers (formerly COAG Energy Council) requested the Australian Energy Market Commission (Commission or AEMC) conduct a review to provide advice to governments on updating the Retailer of Last Resort (RoLR) scheme.
The aim of this review is to refine the Commission's recommendations to improve the RoLR scheme and provide an opportunity for stakeholder input. The Commission considers that it is an appropriate time to consider changes to the RoLR scheme due to the heightened risks prevalent in the electricity sector due to the COVID-19 pandemic, which may last for a prolonged period.
Consultation paper
The AEMC published a consultation paper on 22 October 2020 seeking stakeholder feedback on a number of specific issues and recommendations to improve the RoLR scheme.
The AER provided a submission to the AEMC on this consultation paper on 16 November 2020.
AER submision to AEMC review of RoRL framework - 16 November 2020
More information
More information on the AEMC review of the retailer of last resort scheme.