that took effect from 1 July 2012; Economic performing licensing functions including the assessment of license suitability and granting of a retail electricity license to ERM Retail and an Independent Power Producer license to TKLN Pty Ltd, as well as monitoring of licence compliance; publishing the 2010-11 Power System Review which reports on the trends in adequacy and security of the Territory’s power system; developing and publishing a Guaranteed Service (GSL) Code which sets out arrangements for payments by an electricity network service provider to small customers who have received a very poor level of service; implementing an Electricity Retail Supply Code to codify arrangements necessary to support effective business to business interactions and to provide appropriate customer protection (including consultation with industry participants on the operation of the new Code); developing and commencing consultation on a new Electricity Standards of Service Code; commencing consultation on the 2014 Network Determination process; and providing information to customers and market participants on the Territory electricity market and regulatory arrangements. The Commission’s priorities for 2012-13 include: working with Government, relevant government agencies and industry Future participants to progress the findings and recommendations from the Priorities Commission’s Priority Work Program reviews and ensure the Territory has a clear regulatory framework, through the development of an During 2011-12, the Electricity Industry Code, for the Territory electricity market that Commission’s conforms with good industry practice in terms of the electricity market regulatory activities reforms and economic regulation; included: continuing the 2014 Network Determination process and monitoring the network price regulation arrangements to apply from 1 July 2014; continuing to focus on regulatory and technical compliance of the electricity industry participants, including monitoring the progress of licensees in establishing and maintaining their compliance processes in accordance with the appropriate Australian Standards; developing the scope and structure of the Power System Review through increased interaction with industry participants, technical advisors and advice from other regulators with the objective of publishing a more robust system planning report, consistent with those published for the NEM, and able to be used for assessing the supply-demand balance and investment needs of the Territory’s electricity industry; and continuing to develop more specific and detailed regulatory arrangements to facilitate retail contestability and the associated electricity retail supply activities.
Economic Future Priorities During 2011-12, the Commission’s regulatory activities included: the that took effect from 1 July 2012; performing licensing functions including the assessment of license suitability and granting of a retail electricity license to ERM Retail and an Independent Power Producer license to TKLN Pty Ltd, as well as monitoring of licence compliance; publishing the 2010-11 Power System Review which reports on the trends in adequacy and security of the Territory’s power system; developing and publishing a Guaranteed Service (GSL) Code which sets out arrangements for payments by an electricity network service provider to small customers who have received a very poor level of service; implementing an Electricity Retail Supply Code to codify arrangements necessary to support effective business to business interactions and to provide appropriate customer protection (including consultation with industry participants on the operation of the new Code); developing and commencing consultation on a new Electricity Standards of Service Code; commencing consultation on the 2014 Network Determination process; and providing information to customers and market participants on the Territory electricity market and regulatory arrangements. The Commission’s priorities for 2012-13 include: working with Government, relevant government agencies and industry participants to progress the findings and recommendations from the Commission’s Priority Work Program reviews and ensure the Territory has a clear regulatory framework, through the development of an Electricity Industry Code, for the Territory electricity market that conforms with good industry practice in terms of the electricity market reforms and economic regulation; continuing the 2014 Network Determination process and monitoring the network price regulation arrangements to apply from 1 July 2014; continuing to focus on regulatory and technical compliance of electricity industry participants, including monitoring the progress of licensees in establishing and maintaining their compliance processes in accordance with the appropriate Australian Standards; developing the scope and structure of the Power System Review through increased interaction with industry participants, technical advisors and advice from other regulators with the objective of publishing a more robust system planning report, consistent with those published for the NEM, and able to be used for assessing the supply-demand balance and investment needs of the Territory’s electricity industry; and continuing to develop more specific and detailed regulatory arrangements to facilitate retail contestability and the associated electricity retail supply activities.
AR-UC-1112.docx