Distribution, Gas, Markets, Projects, Technology

Federal Government endorses new gas retailing framework

The NECF will be a national regime for the sale and supply of gas and electricity by retailers and distributors to retail customers.

The MCE said that under the NECF retailers will benefit from easier access to a wider range of customers nationally and greater regulatory certainty.

The council said that the NECF is expected to reduce compliance costs for energy businesses and will decrease the current regulatory duplication involved in obtaining retail licences in each separate jurisdiction.

The framework will also introduce:

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