STUCCO Co-operative Ltd retail exemption

Sector: 
Segment: 
Status: 
Category: 
Individual exemption
Exemption class: 
Individual exemption (class)
Notice status: 
Current notice
Commencement date: 
22/09/2016
Effective date: 
18/11/2016
Registrant/s: 
  • STUCCO Co-operative Ltd / ABN 94 619 724 378
Location: 
197-207 Wilson Street
Newtown, NSW 2042
Australia

Overview

On 18 November 2016, the Australian Energy Regulator (AER) approved an application from STUCCO Co-operative Ltd for an individual exemption from the requirement to hold a retailer authorisation under the National Energy Retail Law.

Background

On 22 September 2016, the AER accepted an application from STUCCO Co-operative Ltd for an individual exemption from the requirement to hold a retailer authorisation under the National Energy Retail Law to sell energy at 197-207 Wilson Street, Newtown NSW.

Submissions on Stucco Co-operative Ltd application closed on 21 October 2016.

Proposed variation of conditions

Exemptions relating to the sale or supply of energy to small customers have conditions relating to dispute resolution. In March 2018 the AER amended its network and retail guidelines to include energy ombudsman scheme membership as a core condition. Retail and network exemption holders that sell or supply energy to residential customers in South Australia, the ACT and New South Wales must now join the relevant ombudsman scheme.

Invitation for submissions

We are now seeking submissions from interested stakeholders on the variation of STUCCO Co-operative Ltd exemption by Friday 13 August 2021.