On 25 July 2024, the Australian Energy Market Commission (AEMC) self-initiated a review to address the important role that electricity pricing, products and services will play in supporting the diverse needs of customers, including delivering the consumer energy resources (CER) necessary for the energy transition. The review, Electricity pricing for a consumer-driven future, will examine how markets and regulatory frameworks can provide the products and services that best match consumer preferences now, and into the future.
The AEMC released a draft terms of reference alongside the review’s announcement. The AER made a submission on these draft terms of reference on 27 August 2024.