Energy companies have paid $4.38 million in penalties over the last six months according to the latest compliance and enforcement update by the Australian Energy Regulator (AER).
This action was taken in response to breaches including wrongful disconnection of customers, and non-compliance with life support protections and reporting obligations.
The Hon Angus Taylor MP, Minister for Energy and Emissions Reduction, said the government will continue to crack down on bad behaviour in the sector.
‘As an essential service, it is vital that misconduct in the energy sector is held properly to account. This is why the government has championed the introduction of new, tougher penalties in the national energy laws, implemented from 29 January 2021.
‘These new penalties will ensure the Australian Energy Regulator has even better tools to crack down on improper and illegal behaviour.’
For more information, see the Minister’s media release.