The Australian Energy Market Commission (AEMC) has released a draft report examining how consumers could make more informed choices about their electricity use.

 

The AEMC’s Power of Choice Review was requested by Commonwealth, state and territory energy ministers to look at changes to the existing market and regulatory arrangements to give consumers more control over their electricity usage and cost.

 

The AEMC’s draft report looks at how consumers get information about their electricity use and cost, and examines how electricity businesses can support customers to make informed choices.

 

Demand side options give consumers the ability to reduce or manage their electricity use, including options such as information on point in time costs for electricity, allowing consumers the choice to use electricity at a cheaper time.

 

The AEMC has released the draft report for public comment before it finalises its recommendations. The final report will be released later in the year.

 

The Minister for Resources and Energy, Martin Ferguson, said the Standing Council on Energy and Resources will respond to the report.

 

For further information see www.aemc.gov.au.