energy.gov.au

Prohibiting energy market misconduct

10 June 2020 10:00am

Prohibiting energy market misconduct (Big Stick) legislation is now in effect.

The new legislation requires energy companies to put the interest of their customers first, by requiring them to pass on savings to consumers.

The legislation also prevents energy companies from manipulating wholesale electricity prices and from withholding electricity financial contracts for anti-competitive reasons.

Energy.gov.au is a Department of Industry, Science, Energy and Resources website.

Acknowledgement of Country

Our department recognises the First Peoples of this nation and their ongoing connection to culture and country. We acknowledge First Nations Peoples as the Traditional Owners, Custodians and Lore Keepers of the world's oldest living culture and pay respects to the Elders past, present and emerging.