A Partial Welcome to the National Energy Customer Framework (NECF)

Introduction

A national energy retail regime that aims to solve the problematic discrepancies between energy regulation in the eastern States and Territories commenced on 1 July 2012, but only in two of the six participating jurisdictions. The four remaining jurisdictions are still expected to implement the regime. However, the lack of unified approach means that the long hoped-for consistency in this area has not yet come to pass.

A further step towards harmonising energy regulation

After several years of concerted development, the National Energy Customer Framework (NECF) forms a further stage in Australia's transition to national regulation of energy markets, which has also included the establishment of a harmonised national legislative framework to govern electricity and natural gas markets.