Tasmanian Numbered Regulations

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ELECTRICITY SUPPLY INDUSTRY (TARIFF CUSTOMERS) REGULATIONS 2008 (S.R. 2008, NO. 79) - REG 12

Return of security
(1)  In this regulation –
satisfactory payment , in relation to the payment of an electricity account, means that the account is fully paid –
(a) no later than 5 business days after the due date for payment specified in the account; or
(b) no later than the number of business days, as agreed between the electricity retailer and the customer, after the due date for payment specified in the account; or
(c) in accordance with a payment plan agreed to under regulation 19 .
(2)  An electricity retailer must return a tariff customer's security deposit, refundable advance or guarantee to the customer, together with accrued interest, within 10 business days after any of the following events occurs:
(a) the customer completes 2 years of satisfactory payment of electricity accounts;
(b) the customer is no longer a tariff customer and he or she has paid any amount owed to the electricity retailer;
(c) the electricity retailer ceases the sale and supply of electricity to the customer and the customer has paid any amount owed to the electricity retailer.


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