Rule Change: Completed
On 17 August 2023, the AEMC made a final rule to remove the Australian Energy Regulator’s (AER) obligation to develop and update electricity consumption benchmarks, in response to a rule change request submitted by the AER.
The AER’s Better Bills Guideline removed the requirement for retailers to include benchmarks on bills, and comes into effect on 30 September 2023.
After consulting with stakeholders and considering if and how the benchmarks are used outside of publication on bills, the Commission determined that removing this specific obligation benefits consumers as it provides the AER the ability to more agilely identify and respond to data needs.
The final rule comes into effect on 17 August 2023.