10ADetermination and publication of comparable market offers—the Act, section 77(5) and (7)(d)

10A Determination and publication of comparable market offers—the Act, section 77(5) and (7)(d)

10A Determination and publication of comparable market offers—the Act, section 77(5) and (7)(d)

(1) The Independent Pricing and Regulatory Tribunal must determine the median retail market offer for residential customers (the median retail offer) for each distribution district at least once every 12 months.

(2) As soon as practicable after determining the median retail offer for each distribution district, the Independent Pricing and Regulatory Tribunal must give the Commissioner written notice of the following—

(a) the median retail offer for each distribution district,

(b) the date from which the determination takes effect.

(3) As soon as practicable after receiving written notice under subclause (2), the Commissioner must publish the following information on a publicly available website—

(a) the median retail offer for each distribution district,

(b) the date from which the determination takes effect.

cl 10A: Ins 2024 No 46, Sch 2[1].