NATIONAL ENERGY RETAIL LAW DIVISION 5 OF PART 6 ROLR NOTICE The Australian Energy Regulator (AER) has issued this Notice under section 136 of the National Energy Retail Law (NERL). RoLR Event A Retailer of Last Resort (RoLR) event has occurred in relation to Urth Energy Pty Ltd (ABN 52 601 693 109) with the registered participant identification in “URTH” the National Electricity Market. Prior to the issue of this notice, Urth Energy Pty Ltd was an authorised electricity retailer for the purposes of Part 5 of the NERL with the authorisation identification E15003. On 1 February 2017, Urth Energy Pty Ltd appointed an external administrator. The appointment of an administrator constitutes a RoLR event under section 122 of the NERL. On 1 February 2017, the Australian Energy Market Operator (AEMO) suspended Urth Energy Pty Ltd from the National Electricity Market with effect from 24:00 hours Australian Eastern Standard Time on 1 February 2017. The suspension of a retailer’s right to acquire electricity from the wholesale market constitutes a RoLR event under section 122 of the NERL. Affected Fuels and Markets This Notice affects electricity customers in Queensland, New South Wales and South Australia who purchased electricity from Urth Energy Pty Ltd. Customers in other jurisdictions are not affected. Registered RoLRs Appointed as Designated RoLRs by operation of section 132(1) of the NERL Pursuant to section 132(1) of the NERL, the default RoLRs specified in Schedule 1 were taken to be appointed as the designated RoLRs for this RoLR event. Transfer date In accordance with section 140 of the NERL, customers of Urth Energy Pty Ltd will be deemed to have been transferred to the designated RoLR(s) set out in schedule 1 with effect from 24:00 Australian Eastern Standard Time on 1 February 2017. Revocation of Urth Energy Pty Ltd’s electricity retailer authorisation
NATIONAL ENERGY RETAIL LAW DIVISION 5 OF PART 6 ROLR NOTICE The Australian Energy Regulator (AER) has issued this Notice under section 136 of the National Energy Retail Law (NERL). RoLR Event A Retailer of Last Resort (RoLR) event has occurred in relation to Urth Energy Pty Ltd (ABN 52 601 693 109) with the registered participant identification “URTH” in the National Electricity Market. Prior to the issue of this notice, Urth Energy Pty Ltd was an authorised electricity retailer for the purposes of Part 5 of the NERL with the authorisation identification E15003. On 1 February 2017, Urth Energy Pty Ltd appointed an external administrator. The appointment of an administrator constitutes a RoLR event under section 122 of the NERL. On 1 February 2017, the Australian Energy Market Operator (AEMO) suspended Urth Energy Pty Ltd from the National Electricity Market with effect from 24:00 hours Australian Eastern Standard Time on 1 February 2017. The suspension of a retailer’s right to acquire electricity from the wholesale market constitutes a RoLR event under section 122 of the NERL. Affected Fuels and Markets This Notice affects electricity customers in Queensland, New South Wales and South Australia who purchased electricity from Urth Energy Pty Ltd. Customers in other jurisdictions are not affected. Registered RoLRs Appointed as Designated RoLRs by operation of section 132(1) of the NERL Pursuant to section 132(1) of the NERL, the default RoLRs specified in Schedule 1 were taken to be appointed as the designated RoLRs for this RoLR event. Transfer date In accordance with section 140 of the NERL, customers of Urth Energy Pty Ltd will be deemed to have been transferred to the designated RoLR(s) set out in schedule 1 with effect from 24:00 Australian Eastern Standard Time on 1 February 2017. Revocation of Urth Energy Pty Ltd’s electricity retailer authorisation
AER%20RoLR%20notice%20-%20Urth%20Energy%20Pty%20Ltd%20-%202%20February%202017_0.docx