New England Innovation & Development Pty Ltd retail exemption

Sector: 
Segment: 
Status: 
Category: 
Registrable exemption
Exemption class: 
R8
Notice status: 
Current notice
Effective date: 
31/03/2019
AER reference: 
E-5340
Registrant/s: 
  • New England Innovation & Development Pty Ltd / ABN 47 612 335 298
Location: 
1 Fitzroy Street
Tamworth, NSW 2340
Australia

Overview

The Registrant'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.

Classes of retail exemption & applicable conditions.

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 terminate the agreement early.

The registrant confirms they will only offer PPAs to business customers.