Energy

Origin Companies ordered to pay penalties of $325,000 for misleading consumers about discounts under energy plans

The Federal Court of Australia has ordered by consent that Origin Energy Limited and two of its subsidiaries (Origin) pay penalties totalling $325,000 for contravening the Australian Consumer Law (ACL) by making false or misleading representations concerning the level of discount that residential consumers in South Australia would receive under a DailySaver energy plan, in proceedings brought by the Australian Competition and Consumer Commission.

Carbon, mergers and other issues

With energy markets in Australia delivering significant challenges for all involved, Chairman Rod Sims provides an update on the ACCC's work on the carbon tax repeal and discusses merger process issues. He also provides some thoughts on the coming privatisation of the Queensland generation assets, and comments on the rapidly changing east coast gas market.

Regulatory experts tackle tough questions on efficient infrastructure

More efficient use of, and investment in, infrastructure is essential to improve national productivity, Australian Competition and Consumer Commission Chairman Rod Sims said today at the ACCC / AER Regulatory Conference in Brisbane.

“It is clear that recently in Australia some poor infrastructure investment decisions, by commission and omission, have harmed national productivity.”

Mr Sims said the annual conference is set to examine regulatory challenges and tackle questions about efficient infrastructure outcomes.

State of the energy market 2013

The Australian Energy Regulator (AER) provides the seventh State of the energy market report.

Carbon tax repeal

The Clean Energy Legislation (Carbon Tax Repeal) Act 2014 (the Act) which received Royal Assent on 17 July 2014, gave the ACCC powers under the Competition and Consumer Act 2010 (CCA) to monitor prices and ensure cost savings attributable to the carbon tax repeal were passed on in the regulated industries.

Red Energy pays infringement notices for misleading consumers in telemarketing calls

Red Energy Pty Ltd has paid four infringement notices totalling $26,400 and provided a court enforceable undertaking to the Australian Competition and Consumer Commission for alleged misrepresentations made by a Red Energy telemarketer.

Red Energy supplies retail energy to consumers in Victoria, South Australia and New South Wales. Red Energy employees conduct telemarketing to generate sales in these states.

ACCC role in energy

The Australian Energy Regulator (AER) is Australia’s national energy market regulator and an independent statutory authority. The AER is funded by the Commonwealth with its staff, resources and facilities provided from the ACCC.

Power to you

Whether shopping around for a new energy offer, dealing with salespeople or sorting out problems, being a confident energy customer has never been easier.