Review of the Tasmanian Wholesale Electricity Market Regulatory Pricing Framework
Treasury has completed its review of the Tasmanian Wholesale Electricity Market Regulatory Pricing Framework.
As a result of the improved pricing environment in the National Electricity Market and the feedback received from stakeholders during the review, the Government has determined that it will not seek to make changes to the Framework at this time.
The Government delinked from mainland wholesale market volatility when it was required by capping regulated power prices through a legislated wholesale electricity price order and through the use of a commercial and industrial customer rebate scheme. In the event of further volatility in mainland National Electricity Market prices in the future, the Government retains the ability to re-introduce one or both of these schemes in order to protect Tasmanian households and businesses.