ELECTRICITY

Commission to monitor SA electricity market

In an effort to prove it is keeping an eye on the retail electricity market, the Essential Servic...

The idea is that continual surveying of the market will provide the commission with an accurate picture of whether consumers are transferring between electricity retailers; the types and prices of contracts being offered in the market and the availability of information about the contracts available.

It is hoped that the study will lead to a more informed consumer sector and subsequently greater competition between the retailers. Commission chairperson Les Owens revealed to date the amount of consumer activity in the market was minimal.

"Up to 8 April, only 1,152 SA domestic and small business customers had changed their retailer.

"The figure is disappointing and the Commission hopes that in the coming months we will see higher levels of activity, with better prices and more innovative products being offered."

Electricity retail competition was introduced to South Australian households and small businesses on 1 January 2003 with the aim of allowing consumers to choose which electricity retailer they buy electricity from.

The Commission is seeking comments on its proposals from members of the public and the electricity industry by 30 May, 2003.

TOPICS:

A growing series of reports, each focused on a key discussion point for the energy sector, brought to you by the Energy News Bulletin Intelligence team.

A growing series of reports, each focused on a key discussion point for the energy sector, brought to you by the Energy News Bulletin Intelligence team.

editions

Future of Energy Report: Nuclear Power in Australia 2024

Energy News Bulletin’s new report examines what the energy and resources industry thinks of the idea of a nuclear-powered Australia.

editions

ENB CCS Report 2024

ENB’s CCS Report 2024 finds that CCS could be the much-needed magic bullet for Australia’s decarbonisation drive

editions

ENB Cost Report 2023

ENB’s latest Cost Report findings provide optimism as investments in oil and gas, as well as new energy rise.

editions

ENB Future of Energy Report 2023

ENB’s inaugural Future of Energy Report details the industry outlook on the medium-to-long-term future for the sector in the Asia Pacific region.