Written for consumers, the Victorian Energy Market Report 2015-16 details the current state of the Victorian electricity and gas markets. The report covers retail prices for electricity and gas for the year ending 30 June, and the performance of Victorian energy retailers and distributors.
Following changes to the Essential Services Act 2001, which came into effect on 1 January 2016, the Commission is required to report on the compliance performance of Victorian energy licensees. This includes an annual report on retailer compliance and performance, to be published by 30 November for the period ending 30 June.
Under the Electricity Industry Act 2001 and Gas Industry Act 2001, the Commission is also required to report annually on electricity and gas retail prices for the year ending 30 June.
The Victorian Energy Market Report fulfils these requirements.