Nextgen Utilities Pty Ltd - 12 Cato Street retail exemption

Sector: 
Segment: 
Status: 
Category: 
Registrable exemption
Exemption class: 
R8
Notice status: 
Current notice
Effective date: 
11/11/2016
AER reference: 
E-2950
Registrant/s: 
  • Nextgen Utilities Pty Ltd / ABN 70 612 745 267
Location: 
12 Cato Street
Hawthorn East, VIC 3123
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. Nextgen Utilities Pty Ltd has advised it will only sell to commercial customers.