Electricity Act 1994

The Minister may give QCA a written direction requiring QCA to monitor, and give a written report on, the operation of the retail electricity market in designated retail market areas.

The direction must state—

the period (the reporting period) for which the report is to apply; and

when the report is required to be given to the Minister; and

that the report must be published on QCA’s website and when it is required to be published.

Without limiting subsection (1), the direction may require QCA to monitor, and report on, the prices that retailers for designated retail market areas are charging for—

the sale of electricity to their customers at premises in the areas; or

charges or fees relating to the sale of electricity mentioned in paragraph (a).

Also, without limiting subsection (1), the direction may require the report to include—

a comparison and assessment of—

retailers’ standing offer prices and market offer prices that were available to customers at premises in designated retail market areas in the reporting period; and

variations to retailers’ standing offer prices and market offer prices that were available to customers at premises in designated retail market areas in the reporting period; and

information about any trends in relation to variations to retailers’ standing offer prices and market offer prices available to customers at premises in designated retail market areas in the reporting or another stated period; and

other relevant information the Minister requires.

QCA must comply with the direction.

In this section—market offer prices has the meaning given by the NERL (Qld), section 2.standing offer prices has the meaning given by the NERL (Qld), section 2.