IPART sets the maximum regulated gas prices that can be charged for the 20% of NSW households and small businesses on regulated gas prices. We also monitor competition in the retail electricity market and report on price trends, and undertake reviews of solar feed-in tariffs in NSW.
Most residential and small business gas customers in NSW pay unregulated retail prices, which are set by the competitive market. Those who have not taken up a market contract are supplied by the standard retailer in their area (AGL, ActewAGL or Origin Energy) and pay the regulated retail price set by IPART.
Across NSW, average regulated retail gas prices will increase by 0.3% (including inflation) on 1 July 2016.
See information about this review.
The electricity retail market in NSW is competitive, so all customers in NSW can choose their retailer and electricity plan. Customers who do not choose a plan are automatically moved onto their retailer’s default standing offer.
The Australian Energy Regulator (AER) operates a free electricity and gas on-line price comparison service Energy Made Easy, which enables consumers to compare offers from different energy retailers.
In NSW, you may receive an ongoing payment (feed-in tariff) for the electricity that is generated by your solar panel. Each year, IPART sets a benchmark range for solar feed-in tariffs to help customers choose the best electricity offer to meet their needs. See information about the latest review.
Some solar customers are eligible for a subsidised feed-in tariff under the Solar Bonus Scheme. This scheme is now closed to new participants, and will close for existing participants at the end of 2016. See more information about the Solar Bonus Scheme.