Retailer Energy Productivity Scheme: Reporting requirements consultation
- Project Released: 2 Jun 2021
- Project Closes: Sep 2021
- Contact: Kim Weimer
One of the Commission’s functions within both the electricity and gas industries is to administer the Retailer Energy Productivity Scheme (REPS). The scheme was established by the Government of South Australia and commenced on 1 January 2021.
The Commission is publicly consulting on the reporting requirements that will apply to energy retailers to enable the Commission to:
- determine REPS obliged retailers and apportion the REPS targets, and
- fulfil the requirements the Minister has specified for the annual REPS report.
Current status is Initiate
The Minister for Energy and Mining (Minister) has set REPS obligation thresholds and targets, as well as the methodology by which REPS annual targets are apportioned amongst obliged retailers for the years 2021 to 2025. The Commission is responsible for determining which retailers are ‘obliged’ under REPS and for the apportionment of targets in accordance with the prescribed methodology.
Given the changed operating arrangements for REPS, the Commission is proposing to reduce reporting requirements on retailers that existed under REES, by not requiring energy retailers to report on energy sales and customer numbers for the purpose of determining REPS obligations.
The Commission is also responsible for producing an annual REPS report in accordance with Regulation 29 of the Electricity (General) Regulations 2012 and Regulation 23 of the Gas Regulations 2012 (Regulations). Under those Regulations the Minister may prescribe specific content requirements for that report.
The Minister requires the REPS Annual Report to include information on the costs of each type of activity being delivered. Individual costs for a majority of eligible REPS activities must also be reported - whether or not a majority of those activities are being delivered by the obliged retailers. The Minister also requires the Annual Report to cover, where possible, competition in activity delivery and any identified barriers to competition and the delivery of eligible activities.
The Commission is seeking evidence-informed submissions to assist in finalising REPS reporting requirements.
The Commission welcomes written submissions on the proposed reporting requirements by Friday, 16 July 2021.
The Commission also invites discussions with stakeholders on any of the matters raised in the consultation paper or on any related matters.