The AEMC has made a more preferable final rule in relation to the Meter Read and Billing Frequency rule change request, proposed by Ergon Energy Queensland.
The rule enables retailers to bill more small customers on a standing offer on the basis of their actual energy consumption. It does this by providing retailers with some flexibility regarding when they issue a bill if a meter read from a Metering Data Provider is delayed. The rule applies to both electricity and gas retail standing offers.
The rule takes effect from 23 June 2016.