6 Articles
6 Articles
Energy Retailers Now Limited to 1 Price Increase Per Year, Says AEMC
The Australian Energy Market Commission (AEMC) has rolled out a swathe of new rules aimed at protecting “vulnerable” customers and restricting how much energy retailers can charge. One of the big changes will be a limit that allows retailers to raise prices only once every 12 months. The AEMC’s new rules, rolled out in response to the inflation crisis, also bar energy retailers from charging a “loyalty tax”—where customers are lured in on cheap …
Australian National Review - Energy Retailers Now Limited to 1 Price Increase Per Year, Says AEMC
The Australian Energy Market Commission (AEMC) has rolled out a swathe of new rules aimed at protecting “vulnerable” customers and restricting how much energy retailers can charge. One of the big changes will be a limit that allows retailers to raise prices only once every 12 months. Source link The post Energy Retailers Now Limited to 1 Price Increase Per Year, Says AEMC appeared first on Australian National Review.
AEMC announces reforms to protect energy consumers
The Australian Energy Market Commission (AEMC) has announced major reforms that will deliver stronger protections for energy consumers. The new rules will restrict energy retailers from raising prices more than once per year, remove unfair fees for vulnerable customers, and ensure hardship customers benefit from their retailer’s cheapest available deals if they cannot switch. Related article: Regulator’s draft DMO reveals cost increases for cons…
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