Media Contact
Carl Kitchen 0401 691 342
Aug 17 2018

Consultation Essential: Energy Council

Reforms to the energy market must be properly considered, the energy industry said today.

The Australian Energy Council Chief Executive, Sarah McNamara, said that calls for substantial changes to energy market arrangements risked poor outcomes for consumers. 

“The industry stands ready to engage with the Government in good faith on the extensive range of recommendations made by the ACCC to improve customer outcomes.

“The devil is in the detail and there are no quick fixes.  Major reform proposals should not be supported by Government without consultation.

“There is price relief in sight for Australian households and businesses.  Price changes on 1 July reflected improvements in the wholesale market price. 

“There is more work to do to help customers, and much of it is underway.  But the industry badly needs a national climate and energy policy to guide its investment into the future and continue to bring down prices.  The National Energy Guarantee must remain the focus.”

 

About the Australian Energy Council

The Council represents 21 major electricity and downstream natural gas businesses operating in competitive wholesale and retail energy markets. These businesses collectively generate the overwhelming majority of electricity in Australia and sell gas and electricity to over 10 million homes and businesses.

 

Related News

News

AEC welcomes optimistic outlook from AEMO

The Australian Energy Council says the latest assessment of electricity supply presents a confident picture for Australian energy consumers in the near term, and an exciting picture in the long-term.

Aug 31 2021
News

Statement on the Energy Security Board’s market design advice

The Australian Energy Council welcomes the release of the Energy Security Board's advice to Energy Ministers, and in particular its call for coordination and a common approach by jurisdictions but notes there is still much work to be done on the detail.

Aug 26 2021
News

Solar continues to set records

At more than 14.7 gigawatts (GW) rooftop solar is now the second largest generator by capacity in Australia, according to the latest Australian Energy Council Solar Report.

Aug 05 2021
GET IN TOUCH
Do you have a question or comment for AEC?

Send an email with your question or comment, and include your name and a short message and we'll get back to you shortly.

Call Us
+61 (3) 9205 3100