We review and make decisions on applications for electricity and gas licences. We can also transfer, vary or revoke licences.
Electricity and gas licences
Anyone generating, transmitting, supplying or selling electricity, supplying gas or selling gas to retail customers in Victoria must hold a licence granted by us, or be exempt from this requirement.
When we grant an electricity or gas licence, we must consider our objectives, including the long-term interests of Victorian consumers in relation to the price, quality and reliability of energy supply.
We will not grant an application for a licence unless we are satisfied that the applicant has demonstrated:
- they are a fit and proper person to hold a licence
- has sufficient technical capacity to comply with their licence conditions, including the capacity to operate and manage the relevant business, and comply with the applicable regulatory requirements
- they are financially viable and have sufficient financial resources to establish a sustainable business able to satisfy the interests of consumers.