The Essential Services Commission of SA is the independent economic regulator of essential services in South Australia with the primary objective of protection of the long-term interests of consumers.
The Commission has a statutory obligation to conduct a review of the operation of the National Energy Retail Law (NERL) in South Australia.
The release of the Issues Paper signals the commencement of the NERL Review. It is designed to provide an opportunity for views to be expressed on matters associated with the NERL Review terms of reference early in the process. A further call for submissions will be made following the release of the NERL Review Draft Report, planned for October this year.
Consultation on the Issues Paper closes on 15 May 2015.
The Commission has released its final Inquiry report to the Government for its consideration as it frames future policy in the water pricing area. The final Inquiry report takes account of an extensive stakeholder consultation process which followed the release of the draft Inquiry report in July 2014.
A copy of the Executive Summary, a summary of the findings and recommendations, the final Inquiry report and technical appendices, can be accessed via the project page: Inquiry into Drinking Water and Sewerage Retail Services Pricing Reform
The Commission has released its final decision in respect of the minimum retailer feed-in tariff payable from 1 January 2015 by electricity retailers to customers with solar photovoltaic units, for electricity fed into the distribution network from those units.
The Commission’s final decision is that it will make a further two-year price determination setting the minimum retailer feed-in tariff at 5.3 cents per kWh. The minimum amount fixed by the Commission is at the lower end of the reasonable range of fair and reasonable value to an electricity retailer of electricity fed-in to the distribution network. The value of R-FiT reflects the reduction in the forecast wholesale cost of electricity. From 1 January 2015, all electricity retailers are required to pay at least that minimum retailer feed-in tariff amount to PV customers for electricity exported into the distribution network, although they may offer higher amounts.
Further,the Commission will review the forecast value of the R-FiT to apply from 1 January 2016 and, if the forecast value lies on or within ±10% of 5.3 cents per kWh, the Commission will leave that value unchanged. If the forecast value lies outside of that range, the forecast value will apply during 2016.