The ACCC has issued a final determination granting authorisation to enable the South Australian Chamber of Mines and Energy Inc (SACOME) and participating members to form a joint electricity buying group, to pool their electricity demand, conduct a joint tender, and individually enter into electricity supply agreement with the chosen electricity supplier.
The ACCC considers that the conduct is likely to result in a public benefit and that this public benefit would outweigh any likely public detriment.
The ACCC has decided to grant authorisation for 12 years, until 13 November 2037.
Further information is available on the ACCC's public register at: South Australian Chamber of Mines and Energy Inc