EUAA Submission: AER Consultation Paper

EUAA Submission: AER Consultation Paper

Emily Wood | March 31, 2020

‘Priorities and objectives for reporting on regulated electricity and gas network performance

The Energy Users Association of Australia (EUAA) is the peak body representing Australian energy users. Our membership covers a broad cross section of the Australian economy including significant retail, manufacturing and materials processing industries. Combined they employ over 1 million Australians, pay billions in energy bills every year and expect to see all parts of the energy supply chain making their contribution to the National Electricity Objective. Our members are highly exposed to movements in both gas and electricity prices and have been under increasing stress due to escalating energy costs.

We welcome this AER Consultation Paper (the Paper), a review of network reporting. We agree with the Paper’s view that “reporting of the NSPs performance is an important task on our incentive-based regulatory framework” (p.2)

Network reporting provides transparency. Transparency is a key part of the social contract that comes with being a regulated monopoly and, is a critical part of ensuring that consumers have confidence that the regulatory framework is achieving the National Electricity and Gas Objectives…’

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