Renew Power Investments Pty Limited retail exemption

Sector: 
Segment: 
Status: 
Category: 
Registrable exemption
Exemption class: 
R8
Notice status: 
Current notice
Effective date: 
10/07/2017
AER reference: 
E-3693
Registrant/s: 
  • Renew Power Investments Pty Limited / ABN 31 617 514 388
Location: 
Registered business address
Suite 4 3B Macquarie Street
Sydney, NSW 2000
Australia

Overview

The Applicant's exemption from the requirement to hold a retailer authorisation under the National Energy Retail Law has now come into effect. The exemption is provided for in the AER's Exempt Selling Guideline and is subject to a number of conditions attached to the R8 class exemption.

You can search for the most recent version of the Exempt Selling Guideline on the Retail guidelines page.

Applicable conditions for R8 class exemption

The R8 class exemption applies to energy sales under PPA agreements to commercial customers, and to residential customers where the duration of the PPA is less than 10 years and the customer is able to terminate the agreement early. Renew Power Investments Pty Limited has advised it will sell to commercial and residential customers and that all PPAs offered to residential customers will have terms of less than 10 years and early termination provisions.