New South Wales Consolidated Acts

ELECTRICITY SUPPLY ACT 1995 - SECT 43EB

43EB Tribunal to determine regulated retail tariffs and regulated retail charges

(1) The Tribunal may in a report to the Minister determine regulated retail tariffs or the regulated retail charges, or both, if a referral is made under section 43EA.

(2) Before determining regulated retail tariffs or the regulated retail charges, the Tribunal must have regard:

(a) to any matter it is required by the reference to consider, and

(b) to the effect of the determination on competition in the retail electricity market.

(3) A determination of regulated retail tariffs or regulated retail charges may:

(a) specify the tariff or charges, or

(b) specify the methodology for determining the tariffs or charges.

(4) A determination may:

(a) apply generally or be limited in its application by reference to specified exceptions or factors, or

(b) apply differently according to different factors of a specified kind, or

(c) authorise any matter or thing to be from time to time determined, applied or regulated by any specified person or body.

Note: Under section 36, it is a condition of a licence held by a standard retail supplier that the standard retail supplier supply electricity to small retail customers in accordance with any determination in force under this Division.