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The Australian Energy Market Commission (AEMC) is calling for submissions on how to change regulatory frameworks to help deliver long-term electricity reliability at least cost to consumers.
This discussion paper highlights the need for understanding the ultimate impact on electricity prices when making any changes to how transmission infrastructure is planned, built and operated.
The AEMC predicts national residential electricity prices will fall on average over the next two years from mid 2018, as more variable wind and solar generation comes online - offsetting this year’s price increase.
This review report makes a number of recommendations to make it easier for customers to take advantage of competition and make the best energy choices for their household or business.