KNT Corporation Pty Ltd retail exemption

Exemption
Sector: 
Electricity
Segment: 
Retail
Region: 
Queensland
New South Wales
Australian Capital Territory
South Australia
Tasmania
Status: 
Current
Category: 
Registrable exemption
Exemption class: 
R8
Notice status: 
Current notice
Effective date: 
23/11/2021
AER reference: 
E-7277
Registrant/s: 
  • KNT Corporation Pty Ltd / ACN 104 751 546
Location: 
Registered business address
10 Talbot Street
Erindale, SA 5065
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 current version of the Exempt Selling Guideline on the Retail guidelines page.

Applicable conditions for class exemptions

The R8 class exemption applies to energy sales under power purchase agreements (PPAs) 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 residential customers – all PPAs will have terms of less than 10 years and early customer termination provisions.