Market Review: Open
Overview
On 25 July 2024, the Australian Energy Market Commission (AEMC) self-initiated a broad, forward-looking review (The Pricing Review) to address the important role that electricity pricing, products, and services will play in supporting the diverse needs of customers, including delivering the consumer energy resources (CER) that is being acquired, and will continue to be acquired, for the energy transition.
The review is examining how markets and regulatory frameworks can provide the products and services that best match consumer preferences, now and into the future.
The review’s key areas of focus are:
- market arrangements that provide for consumer choice between a range of appropriate pricing structures, products, and services that suit their needs and preferences.
- the role of distribution networks in enabling the right incentives, products, and services for consumers, and the efficient cost and pricing outcomes that result.
- the role of retailers and energy service providers in effectively packaging and pricing electricity products and services to match consumer preferences.
The Commission is committed to undertaking the review in an open, collaborative, and transparent manner. This involves making use of existing AEMC forums plus project-specific groups to seek ongoing input from a range of interested stakeholders.
We consider that this is an important review required under the CER roadmap to realise the benefits of CER for all energy consumers, including those without CER, and to support CER integration in the National Electricity Market.
We have released a draft report to seek stakeholder feedback
On 11 December, we published a draft report outlining six recommendations under three themes to achieve our vision for a dynamic energy services market.
We aim to implement reform as quickly as possible while also balancing potential risks and costs of rapid change.
We held a public forum on 15 December 2025
On 15 December 2025 we held an online forum on the recommendations from the draft report from 4:00pm to 5:30pm AEDT. We have published the slides and a summary of the questions and answers from that session. You can find them on the project page.
Next steps
Written submissions to the draft report closed on 13 February 2026. Given the high volume of submissions received for the draft report, it will take some time to process and upload them. They will be uploaded in stages as we complete processing them.
Stakeholder responses to draft report will inform consideration of final recommendations, to be published in a final report in June 2026.