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The Government is reforming the State’s electricity industry to provide choice of electricity retailer to all customers, to put downward pressure on prices in the short, medium and long term, maximise Tasmania’s clean energy advantage, and improve the efficiency of the industry. It is committed to managing the electricity industry to ensure that prices are affordable and supplies are reliable, while maintaining core electricity infrastructure in public ownership.

The reform package aims to deliver better outcomes through:

  • greater consumer choice;
  • improved energy security;
  • stronger reliability of the electricity supply network in Tasmania;
  • reduced risk to taxpayers;
  • sustainable State-owned businesses;
  • potential for reduced future electricity prices;
  • more efficient and focussed State-owned businesses; and
  • the creation and maintenance of value from the renewable energy assets owned by the Tasmanian community.

The Tasmanian Government has made some changes to its energy reform program in response to challenges in the external market. While it was originally intended that Aurora Energy’s retail customer base would be sold to facilitate the introduction of full retail competition in Tasmania, the Government decided to close the sale process following advice that the Government’s reform objectives could not be delivered at that time. These included achieving a fair and reasonable price for the customer asset. However, full retail competition for households and small businesses will be introduced on 1 July 2014.

Aurora Energy will continue to be the regulated electricity retailer serving Tasmania’s residential and small business customers.

Further information concerning the introduction of full retail competition is available at the Tasmanian Economic Regulator’s website at www.power.tas.gov.au.

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