Department/Agency
Australian Energy Market Commission
Topic
Energy
Type
Ministerial Forum / Standard Setting Body
Announcement date
04/04/2024
Link to announcement
Accelerating smart meter deployment | AEMC
Problem being addressed
The Australian Energy Market Commission (the Commission) undertook the Review of the Regulatory Framework for Metering Services (2023). The Review found a range of issues across the current metering framework:
misaligned incentives between stakeholders to install smart meters, slowing their adoption
process inefficiencies in smart meter deployments, leading to higher costs
poor customer outcomes in the transition to smart meters, damaging customers’ experiences with retailers and the energy system
a lack of access to the data provided by smart meters, constraining the benefits that smart meters offer
a slower roll out speed than required to achieve the potential benefits and support the energy system's transition.
Proposal
In response to the Review, the Commission has released a Draft Determination which proposes:
mandatory 100% roll out of smart meters by 2030.
better access to power quality data from smart meters
improving customer safeguards to protect customers from potential cost risks
Improving the customer experience around smart meter installation and operation
Reducing barriers to the installation of smart meters
Improving meter testing and inspections
The Draft Determination is open to submissions until 30 May 2024 on the AEMC's website- Accelerating smart meter deployment | AEMC
Assessed Impact Analysis outcome
Compliant consultation RIS