Overview
On 15 June 2012, the Commission announced that it had decided to commence an
investigation of the wholesale electricity component of the retail costs that
make up the standing contract price.
On 18 December 2012, the South Australian Government announced a major policy
change regarding price regulation of retail energy prices. In light of this
announcement, the Commission has suspended its wholesale electricity cost (WEC)
review.
From
1 February 2013, energy prices in South Australia were deregulated and the
Commission no longer has responsibility for setting electricity and gas standing
contract prices. The Commission therefore did not make a Final Determination of
its review of the wholesale energy component of the electricity standing
contract price.