Expressions of Interest for Registration as Default and Additional RoLRs and recent appointments.
From 29 March 2017, customers on the Shoalhaven (Nowra) gas distribution system will be able to switch their gas retailer. The AER will be appointing a default gas retailer of last resort (RoLR) for Shoalhaven customers, to ensure that customers of any failed retailer can continue to receive gas following a RoLR event. The AER is seeking expressions of interest (EoIs) from retailers to be appointed as the default gas RoLR for the Shoalhaven gas distribution system. The appointment will be for a period of three years, from 29 March 2017 until 28 March 2020.
In order to appoint a default RoLR, the AER must ensure that a retailer has the necessary financial and technical capacity, and is a suitable person, to be appointed as a default RoLR. The AER must ensure that the retailer meets all of the RoLR criteria set out in s. 123 of the National Energy Retail Law before making such an appointment. Further information about the AER’s approach to appointing default RoLRs is outlined in the AER’s RoLR Guidelines and Statement of Approach.
For information and to assist with this EoI process, a copy of the default RoLR EoI template is attached. Should you wish to be considered as a default RoLR for the Shoalhaven gas distribution system in New South Wales, please submit an EoI in the required form by close of business on Monday 5 December 2016. EoIs can be submitted by emailing AERRoLR@aer.gov.au with 'Default RoLR EoI for Shoalhaven' in the subject line.
Expressions of interest for registration as additional RoLRs - ACT, NSW, South Australia, Tasmania and Queensland
The AER has responsibility for registering additional RoLRs who are interested in taking on customers of a failed retailer in the case of a RoLR event. The AER will assess any expressions of interest (EoIs) from interested retailers in the ACT, New South Wales, South Australia, Tasmania (for electricity only) and Queensland.
Retailers can submit firm or non-firm offers to the AER through the additional RoLR EoI process. A firm offer is an offer by a retailer to act as an additional RoLR under the terms and conditions outlined in the retailer’s EoI. A firm offer remains binding on a retailer until that offer expires. Retailers registered as additional RoLRs with firm offers are required to confirm their offers with the AER every three months. A non-firm offer is an expression of interest by a retailer to act as an additional RoLR that does not commit them to acting in that role. Where a retailer makes a non-firm offer, then prior to any potential appointment as a designated RoLR, the AER will confirm with that retailer whether it is still prepared and capable of being appointed under the terms and conditions proposed in the EoI. The AER reviews the registration of additional RoLRs with non-firm offers every two years.
Further information about the additional RoLR EoI process and the AER’s approach to appointing RoLRs is outlined in the AER’s RoLR Guidelines and Statement of Approach.
For your information and to assist with the EoI process, copies of the additional RoLR EoI templates are available below.
Should you wish to be considered as an additional RoLR in electricity and/or gas, please submit an EoI in the required form. EoIs can be submitted at any time by emailing AERRoLR@aer.gov.au with ‘Additional RoLR EoI’ in the subject line.
Current Expressions of Interest under review
Currently there are no expressions of interest under review.
On 27 September 2016, the AER registered Origin Energy Electricity Limited as an additional RoLR with firm offer for electricity customers in the Australian Capital Territory and New South Wales.