The Act sets a regulatory framework for electricity industry participants that promotes efficient, economical and environmentally sound electricity supply and use and establishes a competitive electricity market in line with national reforms.
The Act provides for a system of authorisations of entities which may be involved in electricity generation, transmission, distribution and retail (sale).
It sets out the conditions under which these entities operate and provides a framework for a competitive electricity market.
The Act regulates the operations of the industry and, for that purpose, gives certain powers to the Regulator and to authorised persons.
Commercial, technical and environmental obligations and considerations relating to the supply and use of electricity are also provided for in the legislation, including obligations in relation to energy efficiency and performance of electrical equipment.
The following Subordinate Legislation should be examined:
- Electricity Regulation 2006
The following Guides or Booklets are available:
- The National Electricity Rules which govern the competitive National Electricity Market are available from the Australian Energy Market Commission (AEMC).