The Australian Energy Market Commission (AEMC) will publish its final determination for Amending the administered price cap rule change by 17 November 2022. The extension of time is due to the complexity of issues raised by the rule change request and allows for more extensive stakeholder consultation.

The extended timeframe for this rule includes publication of a directions paper on 29 September, with a two-week consultation period.

On 18 August, the Commission received five objections in relation to the use of an expedited process for the rule change on Amending the administered price cap. A late objection was received on August 19. The Commission has carefully considered the objections received in light of the relevant test for the use of the expedited process in the National Electricity Law.

The Commission has decided that the reasons given in the objections to not use the expedited process do not meet the criteria under the law for the Commission to switch to the standard rule making process.

The Commission thanks stakeholders for their interest in this project and welcomes submissions to the issues raised in the directions paper.

Visit the project page for more information and contact details.

For media inquiries:  

Contact: Georgina Kentwell 0411 043 964, Jessica Rich: 0459 918 964