The Australian Energy Market Commission (AEMC) will publish its next Residential Electricity Price Trends report in mid-2023.
This year has seen a period of unprecedented conditions for Australia’s electricity markets, such as price increases as a direct result of global events and fuel prices and the suspension of the wholesale market in June 2022.
Timing the delivery of the report for mid-2023 will allow the AEMC’s experts to provide a more detailed consideration of the unique combination of market forces, changes and volatility of recent months. Previously reports have been published towards the end of a calendar year.
The AEMC is also investigating ways to make the report more useful for stakeholders into the future.
The AEMC remains focused on providing a framework for stable and affordable electricity prices and ensuring the market is working in the best interests of Australian households and businesses.
In recent months, the AEMC has delivered significant work on a number of major reforms and reviews for the sector including an amendment to the Administered Price Cap, the Transmission Planning Investment Review, the Review of the Regulatory Framework for Metering Services.
Media: Georgina Kentwell, 0411 043 964, email@example.com