12—Functions and powers of Commission
(1) Pursuant to
section 6A of the Act, the Commission has (in addition to the
Commission's functions and powers under the Act and the
Essential Services Commission Act 2002 ) the following functions and
powers:
(a) if a
sale/lease agreement (within the meaning of the Electricity Corporations
(Restructuring and Disposal) Act 1999 ) contemplates that the Commission
will determine certain matters—to determine those matters in accordance
with the terms of the agreement;
(b)
functions and powers conferred on the Jurisdictional Regulator under the
National Electricity Rules to the extent that those functions and powers are
not authorised by the State, pursuant to the National Electricity Rules , to
be exclusively performed or exercised by some other body or bodies;
(c) on
or before 31 August in each year, to submit to the Minister and publish
on its website a report prepared for the purposes of monitoring prices for the
sale of electricity available to a small customer under the National Energy
Retail Law (South Australia) during the immediately preceding financial year
containing the information required by the Minister under
subregulation (2).
(2) The Minister may
require the following information for the year to which the report relates to
be included in a report prepared under subregulation (1)(c):
(a)
comparisons of standing offer prices of NERL retailers generally available to
classes of small customers in South Australia;
(b)
estimates relating to the annual cost to a small customer of electricity
supplied to the customer (based on a reasonable estimate of the average annual
level of consumption of electricity by a small customer in South Australia)
under each standard retail contract of NERL retailers generally available to
classes of small customers in South Australia;
(c)
details relating to the difference in annual cost to a small customer of
electricity supplied to the customer (based on a reasonable estimate of the
average annual level of consumption of electricity by a small customer in
South Australia) under market offer prices of NERL retailers generally
available to classes of small customers in South Australia compared to the
cost to that customer under standing offer prices of NERL retailers generally
available to classes of small customers in South Australia;
(d) such
other information as the Minister requires in writing to be included.
(3) The Minister may
require the information referred to in subregulation (2) to be presented
in such manner and form as the Minister considers appropriate, including in
the form of variations or trends over time.
(4) In this
regulation—
"market offer prices", "standard retail contract"
and "standing offer prices" have the same respective meanings as in the
National Energy Retail Law .