QLDIn ForceAct
Electricity Act 1994
sec.89BMarket monitoring direction and report
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### sec.89B Market monitoring direction and report
The Minister may give QCA a written direction requiring QCA to monitor, and give a written report on, the operation of the retail electricity market in designated retail market areas.
The direction must state—
the period (the reporting period ) for which the report is to apply; and
when the report is required to be given to the Minister; and
that the report must be published on QCA’s website and when it is required to be published.
Without limiting subsection (1) , the direction may require QCA to monitor, and report on, the prices that retailers for designated retail market areas are charging for—
the sale of electricity to their customers at premises in the areas; or
charges or fees relating to the sale of electricity mentioned in paragraph (a) .
Also, without limiting subsection (1) , the direction may require the report to include—
a comparison and assessment of—
retailers’ standing offer prices and market offer prices that were available to customers at premises in designated retail market areas in the reporting period; and
variations to retailers’ standing offer prices and market offer prices that were available to customers at premises in designated retail market areas in the reporting period; and
information about any trends in relation to variations to retailers’ standing offer prices and market offer prices available to customers at premises in designated retail market areas in the reporting or another stated period; and
other relevant information the Minister requires.
QCA must comply with the direction.
In this section—
market offer prices has the meaning given by the NERL (Qld), section 2 .
standing offer prices has the meaning given by the NERL (Qld), section 2 .
s 89B prev s 89B ins 2001 No. 47 s 3
amd 2005 No. 51 s 3 sch ; 2006 No. 60 s 3 sch
om 2009 No. 16 s 15
pres s 89B ins 2014 No. 48 s 45
(sec.89B-ssec.1) The Minister may give QCA a written direction requiring QCA to monitor, and give a written report on, the operation of the retail electricity market in designated retail market areas.
(sec.89B-ssec.2) The direction must state— the period (the reporting period ) for which the report is to apply; and when the report is required to be given to the Minister; and that the report must be published on QCA’s website and when it is required to be published.
(sec.89B-ssec.3) Without limiting subsection (1) , the direction may require QCA to monitor, and report on, the prices that retailers for designated retail market areas are charging for— the sale of electricity to their customers at premises in the areas; or charges or fees relating to the sale of electricity mentioned in paragraph (a) .
(sec.89B-ssec.4) Also, without limiting subsection (1) , the direction may require the report to include— a comparison and assessment of— retailers’ standing offer prices and market offer prices that were available to customers at premises in designated retail market areas in the reporting period; and variations to retailers’ standing offer prices and market offer prices that were available to customers at premises in designated retail market areas in the reporting period; and information about any trends in relation to variations to retailers’ standing offer prices and market offer prices available to customers at premises in designated retail market areas in the reporting or another stated period; and other relevant information the Minister requires.
(sec.89B-ssec.5) QCA must comply with the direction.
(sec.89B-ssec.6) In this section— market offer prices has the meaning given by the NERL (Qld), section 2 . standing offer prices has the meaning given by the NERL (Qld), section 2 .
- (a) the period (the reporting period ) for which the report is to apply; and
- (b) when the report is required to be given to the Minister; and
- (c) that the report must be published on QCA’s website and when it is required to be published.
- (a) the sale of electricity to their customers at premises in the areas; or
- (b) charges or fees relating to the sale of electricity mentioned in paragraph (a) .
- (a) a comparison and assessment of— (i) retailers’ standing offer prices and market offer prices that were available to customers at premises in designated retail market areas in the reporting period; and (ii) variations to retailers’ standing offer prices and market offer prices that were available to customers at premises in designated retail market areas in the reporting period; and
- (i) retailers’ standing offer prices and market offer prices that were available to customers at premises in designated retail market areas in the reporting period; and
- (ii) variations to retailers’ standing offer prices and market offer prices that were available to customers at premises in designated retail market areas in the reporting period; and
- (b) information about any trends in relation to variations to retailers’ standing offer prices and market offer prices available to customers at premises in designated retail market areas in the reporting or another stated period; and
- (c) other relevant information the Minister requires.
- (i) retailers’ standing offer prices and market offer prices that were available to customers at premises in designated retail market areas in the reporting period; and
- (ii) variations to retailers’ standing offer prices and market offer prices that were available to customers at premises in designated retail market areas in the reporting period; and