The National Regulatory Authority (NRA) instigated a project to ensure access to the detailed, high quality information required to effectively monitor electricity and gas markets and protect consumers. It was also intended to quantify the effectiveness of market opening and competition in these retail energy markets. With constrained resources, the NRA required assistance validating information supplied through a trial phase and ensure suppliers understood their reporting obligations.
IPA provided the required assistance, validating the information provided by suppliers, supporting the NRA’s engagement with the suppliers and undertaking analysis of the high level trends and information provided in their submissions. The results of the analysis were summarised in a Report which also developed recommendations to improve future engagement with suppliers.
As part of this assistance, IPA:
Regularly engaged with the NRA’s staff to ensure knowledge transfer.