This guideline provides information on how a licensee can apply for an exemption from the requirement to restrict market retail contract price increases to once a year.
Guideline for exemptions to once a year price increases
The purpose of this guideline is to provide information to energy retailers and other interested parties about how a licensee can apply to the commission for an exemption from requirements that retailers restrict price increases on their market retail contracts to once a year.
The commission can grant exemptions to this requirement under clause 52C(c) of the Energy Retail Code and allow licensees to offer exempt electricity and gas retail contracts. These are contracts which do not comply with the provisions in the code that limit price increases to once a year, such as contracts:
- that include a tariff that continually varies in relation to the prevailing spot price of energy, or
- under which a customer pre-purchases a specified quantity of energy.
Current version of the guideline
Template for reporting requirements
Licensees that supply energy under an exempt market retail contract must report to the commission using the reporting template provided on this page. Licensees must fill out this template quarterly and send by email to email@example.com.