1Competition and Consumer (Industry Code – Electricity Retail) (Updated Model Annual Usage and Total Annual Prices) Determination 2024

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Competition and Consumer (Industry Code – Electricity Retail) (Updated Model Annual Usage and Total Annual Prices) Determination 2024

The Australian Energy Regulator makes the following determination.

Dated 31 May 2024 Australian Energy Regulator

1. Name

This instrument is the Competition and Consumer (Industry Code – Electricity Retail) (Updated Model Annual Usage and Total Annual Prices) Determination 2024.

2. Commencement, revocation and replacement

This instrument:

(a) commences on 1 July 2024,

(b) revokes the Competition and Consumer (Industry Code – Electricity Retail) (Model Annual Usage and Total Annual Prices) Determination 2024 dated 23 May 2024, and

(c) replaces that determination.

3. Authority

This instrument is made under section 16(1) and in accordance with section 17(4) of the Competition and Consumer (Industry Code – Electricity Retail) Regulations 2019 (the Regulations).

4. Definitions

In this Determination:

a) Regulations means the Competition and Consumer (Industry Code – Electricity Retail) Regulations 2019; and

b) Residential Annual Usage without Controlled Load applies to the type of small customer considered in s 6(2)(b) of the Regulations; and

c) Residential Annual Price without Controlled Load applies to the type of small customer considered in s 6(2)(b) of the Regulations; and

d) Residential Annual Usage with Controlled Load applies to the type of small customer considered in s 6(2)(a) of the Regulations; and

e) Residential Annual Price with Controlled Load applies to the type of small customer considered in s 6(2)(a) of the Regulations; and

f) Small Business Annual Usage applies to the type of small customer considered in s 6(2)(c) of the Regulations; and

g) Small Business Annual Price applies to the type of small customer considered in s 6(2)(c) of the Regulations; and

h) General Usage means the non-controlled load usage of a small customer under s 6(2)(a) of the Regulations; and