The Commission's Role
The
Commission is responsible for the regulation of prices
for certain monopoly services, licensing of regulated
industry participants, and monitoring the performance of
regulated operators. The Commission also investigates
and helps to resolve complaints relating to the conduct
of licensees, provides consumers and others with
information and provides advice to the Minister.
In performing these functions,
the Commission has regard to the need to promote competitive and fair market
conduct and to prevent the misuse of monopoly or market power, as well as to
facilitate entry into the market and to promote economic efficiency. In
addition, the Commission seeks to ensure that consumers benefit from competition
and efficiency, and to protect their interests with regard to reliability and
quality of services and supply. The Commission must also consider the need to
maintain the financial viability of regulated industries and to ensure an
appropriate rate of return on regulated infrastructure assets.
The Commission is a separate
administrative unit established within the NT Treasury, but has specific
statutory powers and undertakes its considerations independently from Treasury.
While the Commission was
established initially to play a regulatory role in the Territory's electricity
supply market, it's functions have been expanded to include a regulatory role in
the water and sewerage services industries within a sole supplier model.
Related regulatory entities
The Commission undertakes its
regulatory functions in the Territory’s regulated industries in conjunction with
other regulatory entities, notably:
• the “Regulatory Minister”,
currently the Treasurer;
• the Safety Regulator –
part of NT Worksafe, located in the Department of Employment, Education and
Training – who
has responsibility under the Electricity Reform Act for monitoring and enforcing
safety standards, and for establishing and enforcing safety-related standards
for electrical equipment;
• the Chief Health Officer –
located in Territory Health Services – who has responsibility under the Water
Supply and Sewerage Services Act for monitoring and enforcing certain standards
with respect to the water and sewerage industries; and
• the NT Ombudsman, who
continues to have responsibility for investigating complaints from
non-contestable electricity, water supply and sewerage services customers.
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