MCC's Submission on the AEMC's Draft Terms of Reference for Electricity Pricing

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The submission emphasises the importance of balancing trade-offs like WACC impacts and regulatory stability while advocating for a stronger focus on consumer outcomes. MCC also highlights the need for innovative pricing reforms and practical, phased implementation strategies.

Abstract

In this publication, MCC presents strategic insights on the AEMC’s draft ToR for electricity pricing reviews. With a focus on consumer outcomes, MCC emphasises balancing trade-offs, strengthening the focus on vulnerable consumers, and integrating technology with pricing reforms. The submission calls for a phased implementation approach and stronger retailer obligations to enhance consumer benefits, urging the AEMC to prioritise practical, consumer-driven solutions.

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I was delighted that MCC's work was completed on time, and within budget, helping us deliver important changes and improvements, to the benefit of our stakeholders. ​ MCC's report is published on the CCC website.

- Bea Natzler
Team Leader at Climate Change Committee, UK

I was delighted that MCC's work was completed on time, and within budget, helping us deliver important changes and improvements, to the benefit of our stakeholders. ​ MCC's report is published on the CCC website.

- Bea Natzler
Team Leader at Climate Change Committee, UK

MCC Economics has helped us better understand the most important issues for our stakeholders, including: charges, shareholder returns, debt payments and inflation impacts.

- Leila N. Nasr
Section Head at Department of Energy, Abu Dhabi