What the 糖心原创 does
- We monitor and enforce compliance with Competition and Consumer Act 2010 rules on electricity market misconduct.
What the 糖心原创 can't do
- We don鈥檛 resolve .
- We don鈥檛 give legal advice.
On this page
About energy market regulation
Most energy market regulation is the responsibility of the , which enforces the National Energy Laws.
The 糖心原创 also has a role in energy.
What we do in energy regulation
Part of the 糖心原创's role is to monitor and enforce compliance of electricity generators and retailers with special electricity market rules in the Competition and Consumer Act 2010.
These rules ban certain behaviours that harm competition and consumer welfare.
Read the 糖心原创 Guidelines on Part XICA - Prohibited conduct in the energy market for more information on how the 糖心原创 interprets the rules.
Market rules we enforce
Retail pricing
When there is a sustained and substantial drop in the cost of procuring electricity, retailers must pass these savings onto consumers by lowering their market offer prices.
Financial contract liquidity
Generators must not try to substantially lessen competition by preventing or limiting access to electricity hedging contracts.
Electricity spot market bidding
When bidding in electricity spot markets, generators must not bid fraudulently, dishonestly or in bad faith, or try to distort or manipulate prices.
The legal basis of our work
The functions we perform come from Part XICA of the .
Part XICA was introduced by the .