Say watt? Changes to on-seller exemptions under the National Energy Customer Framework (NECF)

On 1 July 2015, the National Energy Customer Framework (NECF) and National Energy Retail Law (NERL) were introduced in Queensland under the National Energy Retail Law (Queensland) Act 2014 (Qld) (Act).

The aim of the NERL and NECF is to create a national framework for regulating the energy industry and to reduce red tape associated with generating, transmitting and selling electricity and gas.

Importantly to the property industry, the NERL, which is contained in the Schedule of the National Energy Retail Law (South Australia) Act 2011 (SA):

1. removes the on-supplier retail authority exemption under the Electricity Act 1994 (Qld) ( Electricity Act); and
2. will require on-sellers of electricity to consider their eligibility for the new exemption classes under the NECF.