Electricity Ring-fencing Code and Guidelines Review

The purpose of the review of the ring-fencing arrangements for the Northern Territory was to ensure they were of continued relevance and effectiveness for the electricity supply industry in the Territory.

Status: final

  1. Initiate
  2. Consultation
  3. Draft
  4. Consultation
  5. Final

The Commission has completed its review of the Northern Territory Electricity Ring-fencing Code (version 3) and Guidelines (version 1) and released its Final Decision.

Effected licensees have been notified of the Commission’s decision to vary the Code, including the decision to revoke the Guidelines. The variation of the Code took effect on 26 August 2020, noting the revised Code (version 4) provides additional time for some obligations.

Service area:
Electricity
Released:
01 May 2019

Ring-fencing arrangements aim to promote and safeguard competition and fair and efficient market conduct in the electricity supply industry by promoting the simulation of competitive market conduct and preventing the misuse of market power.

Where electricity entities operate both natural monopoly and competitive businesses, the role of ring-fencing is to prevent them from using their position in the regulated sectors to give themselves an advantage in the competitive sectors. This is achieved by separating the regulated business activities, costs and revenues from those related to providing services in the competitive sectors.

Related documents

Initiate

2019 NT Electricity Ring-fencing Code and Guidelines Review Issues Paper

Northern Territory Electricity Ring-fencing Code - version 3 - January 2009

Ring-fencing Guidelines - version 1

Consultation

Australian Energy Regulator submission

Jacana submission

Power and Water Corporation submission

Territory Generation submission

Draft

Draft Decision – Ring-fencing Review

Draft Decision – Ring-fencing Review draft amended code

Draft Decision – Ring-fencing Review Table of proposed amendments

Consultation

Jacana Energy submission

Power and Water Corporation submission

Territory Generation submission

Final

Final Decision - Ring-fencing Review

Northern Territory Electricity Ring-fencing Code - version 4 – August 2020