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ELECTRICITY SUPPLY ACT 1995 - SECT 181A
Retail price disclosure and comparison
181A Retail price disclosure and comparison
(1) It is a condition of a
retail supplier’s licence that the retail supplier must provide its pricing
information in relation to the supply of electricity to and by small retail
customers: (a) at a readily accessible location on its website, and
(b) to
any person on request, and
(c) to the Tribunal.
(2) The Minister may issue
guidelines relating to the kind of pricing information to be provided and the
time at which and the manner and form in which that pricing information is to
be provided. It is a condition of a retail supplier’s licence that the
retail supplier must provide its pricing information in accordance with any
such guidelines that the Minister issues to it from time to time.
(3) The
Tribunal is to publish the pricing information, in a form that enables small
retail customers to meaningfully compare the tariffs and charges of retail
suppliers, on its website and in any other manner as it sees fit.
(4) It is a
condition of a retail supplier’s licence that the retail supplier, when
providing pricing information, must ensure that: (a) the information is
accurate and up to date, and
(b) the information is provided free of charge,
and
(c) the information provided on its website includes a clearly marked
link to the Tribunal’s website, or if the Tribunal directs that the link be
to a specified part of the Tribunal’s website, to that specified part.
(5)
The Minister is to review this section as soon as possible after 1 July 2013
to determine whether its policy objectives remain valid and whether its terms
remain appropriate for securing those objectives. A report on the outcome of
the review is to be tabled in each House of Parliament before 1 July 2014.
(6) In this section:
"pricing information" means information of a kind (including, but is not
limited to, any tariff, charge, fee, benefit, credit, discount, rebate,
premium, term or condition) specified in the guidelines issued by the Minister
under this section.
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